Compensation: A political problem

dollar-as-bait

More ink has been spilled by the media, regulators and legislators on bank executive remuneration than any other topic since the start of the financial crisis in 2007. Now, a series of much-trailed global and national rules is being put in place to try to reduce or eliminate the systemic risks out-of-control bonuses caused for the global financial world. One thing is in no doubt – the changes that have taken place so far in the pay packets of high-earning bank executives, in anticipation of

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Investment banks: the future of risk control

This Risk.net survey report explores the current state of risk controls in investment banks, the challenges of effective engagement across the three lines of defence, and the opportunity to develop a more dynamic approach to first-line risk control

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