Legal Issues Loom Over New FSA Pay Rules

Proposals by the U.K.’s Financial Services Authority to expand its remuneration rules to include asset managers and other independent financial advisers could present "significant practical and legal issues" for employers, according to PricewaterhouseCoopers.

  • 02 Aug 2010
Proposals by the U.K.’s Financial Services Authority to expand its remuneration rules to include asset managers and other independent financial advisers could present "significant practical and legal issues" for employers, according to PricewaterhouseCoopers. In a report on the FSA’s Capital Requirements Directive, Tom Gosling, a partner at PwC, ...

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1 Bank of America Merrill Lynch (BAML) 7,026 25 11.95
2 Citi 6,449 21 10.96
3 BNP Paribas 5,093 18 8.66
4 Barclays 4,040 11 6.87
5 Lloyds Bank 3,615 14 6.15

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3 Wells Fargo Securities 86,271.10 256 9.44%
4 JPMorgan 67,323.36 205 7.37%
5 Credit Suisse 49,265.86 144 5.39%