PRA and FCA propose changes to bonus deferrals in bid to drive growth and improve UK competitivenessSenior UK bankers will receive their bonuses years earlier under plans by the Bank of England to relax post-financial crisis restrictions.The proposals would reduce the bonus deferral period for the most senior bankers to five years from eight for some . Continue reading…
Source link : https://www.theguardian.com/business/2024/nov/26/senior-uk-bankers-bonuses-relax-rules-pra-fca
Author : Julia Kollewe
Publish date : 2024-11-26 15:15:18
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Senior UK bankers will get bonuses years earlier under plan to relax rules
