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GRS survey: bonuses reduced but basic salaries rising

LONDON - Reports in the UK media have derided the news the head of risk for the Royal Bank of Scotland, which is 70%-owned by the UK taxpayer, will receive a non-performance related award of free shares, the continuing outcry over executive pay.

Nathan Bostock will be awarded 1.18 million RBS shares, worth approximately £463,000, between June next year and June 2012, completely independently of

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Emerging trends in op risk

Karen Man, partner and member of the global financial institutions leadership team at Baker McKenzie, discusses emerging op risks in the wake of the Covid‑19 pandemic, a rise in cyber attacks, concerns around conduct and culture, and the complexities of…

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