Keyword: incentives

Europe

Bankers’ Bonus Cap

This European survey examines (a) The UK’s removal of the cap on bankers' bonuses (introduced by the EU in 2014 and which limits payouts to two times annual base salary) will provide a measurable boost to the country’s economic growth; (b) Removing the cap on bankers' bonuses will measurably enhance the global competitiveness of the UK’s financial services sector; (c) Removing the cap on bankers' bonuses will pose a measurable risk to financial stability in the UK.