FinanceHSBC scraps bonus cap for hundreds of top UK bankers after tense annual meetingMay 3, 202467Shareholders have voted to remove the current cap on bonuses at HSBCHSBC shareholders have waved through the lender’s proposal to...
CurrenciesForint underperforms central European currencies on faster rate-cut betsJanuary 17, 202436Updated January 17th, 2024 at 19:51 ISTThe forint weakened as they fueled expectations for a 100 bps cut at the...
MortgagesNon-bank entities must offer forbearance to mortgage holders under new EU directive, committee toldDecember 13, 202378AN EU DIRECTIVE requires Ireland to oblige non-entity banks and credit purchasers to start offering forbearance to mortgage holders, Master...
BankingUBS chief warns of ‘hard cuts’ at Credit Suisse: Investment bankers face the axe after rescueNovember 29, 2023142The chairman of UBS has warned of ‘hard cuts’ facing investment bankers from Credit Suisse – setting the scene for...
FinanceBritain scraps cap on banker bonuses inherited from EU – WorldOctober 30, 202365LONDON: Britain on Tuesday scrapped a decade-old cap on banker bonuses inherited from the European Union, signalling a clear divergence...
MortgagesBankers’ bonus cap to be scrapped next week as Britain ditches EU rule in post-Brexit shake-up of City regulations to help London compete with New York, Paris and FrankfurtOctober 24, 202381By Greg Heffer, Political Correspondent For Mailonline 15:07 24 Oct 2023, updated 17:02 24 Oct 2023 The cap on bankers'...