Bad Policy Worse Than Excessive Bonuses, Says Turner

Lord Adair Turner, chairman of the U.K.’s Financial Services Authority, said flawed regulation did more harm to the stability of the U.K’s financial system than excessive bonuses.

  • 22 Sep 2010
Lord Adair Turner, chairman of the U.K.’s Financial Services Authority, said flawed regulation did more harm to the stability of the U.K’s financial system than excessive bonuses. Speaking at a conference, Turner said proposals approved by the Basel Committee on Banking Supervision is a major a step in ...

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Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Citi 3,691 11 20.70
2 Morgan Stanley 2,420 6 13.57
3 Goldman Sachs 2,096 5 11.75
4 BNP Paribas 1,686 6 9.45
5 Barclays 1,565 4 8.78

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1 Citi 40,734.72 129 10.87%
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3 Wells Fargo Securities 31,464.27 90 8.40%
4 Bank of America Merrill Lynch 29,270.38 93 7.81%
5 Credit Suisse 23,189.41 72 6.19%