Chris started his career as a researcher in BBC Television’s documentaries department and then became a financial journalist. He was previously Investment Banking Correspondent and Senior Corporate Reporter at the Financial Times, Financial Editor of The Independent and a companies writer at the Investors Chronicle. Chris has also worked at communications consultancy Financial Dynamics (now FTI), as an Associate Partner.
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Swiss voters rejected broad salary limits for top executives. Yet the Dutch are plotting a banker bonus cap that makes existing EU curbs seem generous. The discrepancy is understandable. While pay shouldn’t be regulated, the taxpayer-rescued finance industry isn’t showing much restraint.
Former FSA chief Hector Sants quit as the bank’s head of regulation a month after taking sick leave. The role was created in response to Barclays’ Libor settlement, and was central to creating a new compliance culture. It remains a good idea – however hard it will be to fill.
The Bank of England has hired McKinsey and Deloitte to review strategy and operations. It’s a chance for the 319-year-old institution to review its KPIs to better leverage its USP and remotivate its key stakeholders.
- At last, central bank candour on property bubbles
- UK fund king chooses good time to discover value
- Xstrata 2.0 is a bet that other miners are wrong
- How to respond to rising London house prices
- UK house prices need less rigging - not more
- Vodafone-Verizon flowback could be a challenge
- KPN poison pill is odious but tactically useful