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CS Venkatakrishnan, CEO of Barclays, was one of the bankers involved in the Davos gathering

Davos: Bank CEOs worry about competition, economy

Bank CEOs meeting in private at the World Economic Forum have aired concerns about the competitive risks from fintech firms and private lenders, and complained about onerous regulations, a source familiar with the matter said.

Business • 18 Jan 24

The year-end banker bonuses are estimated to 30% to 50% lower this year

Banker bonuses go from boom to bust in jarring reversal

Bankers in New York and London are bracing for year-end bonuses that recruiters estimate are 30% to 50% lower, while some may receive none at all as dealmaking sputters and economic gloom sets takes hold.

Business • 22 Dec 22

The view from the lobby of the Jackson Lake Lodge, which is closed due to the outbreak of Covid-19

No Jackson Hole soiree for central bankers in 2020

The Federal Reserve Bank of Kansas City's annual monetary policy symposium will not be held in the mountain resort of Jackson Hole, Wyoming, this year for the first time in nearly 40 years because of the Covid-19 pandemic.

Business • 12 Jun 20

Banks, insurance companies and asset managers have had to work remotely since the country locked down in March to fight Covid-19

UK bankers face months more of homeworking

Many of the City of London's bankers and traders will be working from their kitchens or bedrooms for at least a year under some scenarios being planned by finance companies in Britain.

Business • 12 May 20

Paschal Donohoe said the Central Bank will have additional powers to make fines and impose sanctions on an individual level

Bankers to be held personally responsible under new law

The Central Bank is to be given new powers to hold senior bankers personally responsible for failings in financial institutions.

Business • 19 Jun 19

Irish bankers do not deserve bonuses, according to the ECB's Daniele Nouy

Irish bankers don't deserve bonuses, says ECB's Nouy

The head of banking supervision at the ECB has said that Irish bankers do not deserve bonuses until they have cleared up all the problems in the Irish banking sector.

Business • 25 Apr 18

A move to soften tough labour laws is being seen as a sweetner to lure banks moving from Londer

Germany eyes softer sacking rules to tempt bankers

Germany could make it easier to hire and fire senior bankers in what would be a rare exception to its strict labour rules, an ally of Chancellor Angela Merkel said.

Business • 19 May 17

The UBS policy aims to give bankers more flexible hours without colleagues having to pick up too much slack

UBS/Credit Suisse bid to improve work-life balance

Investment bankers at UBS can now take at least two hours of "personal time" a week in the latest attempt by a bank to retain staff with a better work-life balance.

Business • 02 Jun 16

There were 3,178 bankers in the EU on at least €1m a year - including bonuses - in 2013

40 Irish bankers earned €1m or more in 2013 - EBA

Ireland had 40 bankers earning €1m a year or more in 2013 according to new statistics published by the European Banking Authority.

Business • 07 Sep 15

David Cameron promises to veto proposals to increase the overall pay bill at RBS

Cameron confirms £2,000 RBS bonus limit

Cash bonuses at Royal Bank of Scotland will be limited to £2,000 next year, British Prime Minister David Cameron said today.

Business • 15 Jan 14

EBA publishes its final rule on bonuses which introduces flexibility for some bankers to escape the net 'in justified cases'

EU watchdog eases rule capping bankers' bonuses

Bankers in the European Union earning over €500,000 a year could be excluded from a cap on their bonuses if they are not major risk takers.

Business • 13 Dec 13

US Treasury Department warning as US government shutdown enters third day

US Treasury warns of impact of default

A US government default could have catastrophic consequences that might last decades, the US Treasury Department said in a report today.

Business • 03 Oct 13

Most UK bankers expect a bonus for 2012 - survey

Over 80% of workers in London's financial services industry expect a bonus for 2012 with almost half saying it will likely be higher than last year, according to a new survey.

Business • 16 Oct 12

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