Executive pay and bonuses
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RBS gives 10 executives £5.5m in allowances to sidestep EU bonus capDisclosure by the 80% taxpayer-owned bank shows the 10 received £1.9m of these allowances for the last four months of 2014 -
EasyJet CEO Carolyn McCall received more than £7m last yearCarolyn McCall’s £665,000 salary, £1.15m annual bonus and £5.9m share award reflects performance and profits, says firm -
Co-op Bank suspends vote on boss’s bonus plan after stress test warningBank looking for alternative ways to hand bonuses to Niall Booker and other executives after vote on long-term incentive plan shelved -
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Kipper Williams on BG Group cutting Helge Lund’s golden hello
The BG board has taken the unusual step of reducing the share awards to Lund
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BG Group cuts Helge Lund’s ‘golden hello’ after shareholder pressurePackage worth about £25m for incoming boss risked shareholder revolt for breaching oil and gas group’s remuneration policy
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The BG Group’s big pay blunder – a £25m package in election yearBusiness Leader: The City now has a textbook example of how not to recruit a chief executive
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BG Group faces shareholder revolt over £25m pay deal for new bossInvestors threaten not to support deal for Helge Lund, recently recruited from the Norwegian state oil company Statoil
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Talks urged to avert investor revolt over BG Group’s pay dealIncoming chief executive Helge Lund has been offered £25m, but is ‘not obliged’ to join if a share award is not approved
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BG faces battle with shareholders over chief executive’s payOil and gas group recruited Helge Lund from Statoil, agreeing a £12m ‘golden hello’ in shares and a possible £13.5m a year
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Fund managers must block absurd BG Group pay dealA pay package of up to £25m for incoming chief executive Helge Lund is crazy and should be rejected by BG’s shareholders
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BG pay deal ‘excessive and inflammatory’, says Institute of DirectorsIoD says £25m pay for new boss Helge Lund could put executive pay on the political agenda ahead of the general election
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BG Group boss’s £25m pay deal criticised by shareholder groupInvestment Management Association issues red top alert over deal to lure Helge Lund from Norway’s Statoil
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RBS bonuses under fire as restructuring group executives’ testimony questionedEvidence given by the head of the group, Derek Sach, and Chris Sullivan, the deputy chief executive, now being re-examined
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EU lawyer recommends upholding cap on bankers’ bonusesBlow to the chancellor George Osborne as European court of justice advocate rejects UK government claim that a bonus cap is illegal
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George Osborne to receive first feedback on challenge against EU bonus capThe final judgment, which is expected in February, will have implications for bankers’ bonuses
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Carney is right to improve bankers’ behaviour by putting salaries at risk‘Performance bonds’ would pay out over time if there was no misconduct – avoiding EU’s financially illiterate bonus cap
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Mark Carney: dock bankers' pay for misconductBank of England governor’s proposals to curb excessive risk-taking include putting non-bonuses or fixed pay on the line
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New RBS row over £1m payout to ex-chief Stephen HesterAnger at payment after RBS was fined for forex market rigging as MPs warn new rules to rein in banks are vulnerable to lobbying
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Debenhams boss enjoys 32% pay rise despite store’s strugglesMichael Sharp’s total package up to £998,734, despite Debenhams shares trailing peers’ and profits down more than 20%
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Energy tsar to be paid £1m over three yearsAndy Samuel will become one of Britain’s three best paid civil servants when the Oil and Gas Authority begins work next year
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Associated British Foods boss’s pay rises 23% thanks to bonusesRevelation of George Weston’s pay reaching £7.15m comes after company announced 30% surge in Primark profits
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JP Morgan directors top income averages of investment banksSurvey reveals directors earn £416,000 per annum – 15% more than equivalent rivals – with Deutsche Bank in second place
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Oxfam wants a billionaire wealth tax - is it feasible?
The charity wants to charge billionaires a 1.5% wealth tax to fund schooling and health in the world's poorest countries. Is this a realistic proposition?
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Meet the Indian boss who gave cars, apartments and diamonds to employeesForward-thinking Hari Krishna chairman marks Diwali by lavishing almost 500 cars and more than 200 apartments on his long-serving staff
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Bankers must brace for a pay cut, warns Bank of EnglandDeputy governor bemoans fact that bankers have received far greater share of profits than shareholders since 2008 bailouts
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Germany’s tough economic medicine risks killing off the European projectBusiness leader: Berlin’s increasingly hardline stance on spending caps on France and Italy could drive them out of the euro
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Directors’ body backs TUC claim for higher wagesInstitute of Directors says it has sympathy with TUC and attacks ‘astronomical sums’ paid to some top managers
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Bank of England deputy governor condemns EU bonus capBailey calls debate on restricting payouts to bankers ‘misguided’ after EBA warns banks to stop handing out top-up allowances
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Kipper Williams on bankers' bonusesBanks starting to hand out ‘allowances’ alongside traditional salaries and bonuses
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Banks face crackdown over EU bonus capEBA opinion has implications for 39 banks, raising prospect of thousands of bankers being denied any further top-ups in pay
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Carney is right on bankers’ failuresNils Pratley: As Andrew Tyrie of the Banking Standards Commission put it: ‘A buck that does not stop with an individual often stops nowhere’
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FTSE 100 directors’ pay rises sharply as share awards soarIDS survey shows rise driven by 44% increase in long-term incentive share awards and 12% boost in bonuses
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US hedge fund Elliott Advisors pays unnamed London executive £38mElliott’s UK division paid only £1.3m in corporate tax last year, less than the average £1.35m paid to its 53 employees
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Nils Pratley on finance Helge Lund’s golden hello has lost some of its sparkle. Rightly so