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The measure of success

Regulators and banks are waking up to compensation reform. But how can they begin to measure and structure these new risk-based remuneration packages? David Benyon reports

The scrapping of executive bonuses is viewed by the general public as a belated but just consequence of bankers' greed - punishment for causing the current global economic recession. For those institutions on the brink of bankruptcy treading cap in hand for government rescues - under the scornful eyes of taxpayers - forgoing top-level remuneration has been a shrewd public relations move.

However

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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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