Bonuses code will affect many
- New fees go towards paying FSA pensions. Salmon, James // Money Marketing;2/9/2006, p21
The article reports that British Financial Services Authority (FSA) has released a statement clarifying that the additional income from mortgage and general insurance regulation was used to help pay its 35 million pound worth pension deficit. FSA has also planned to give its staff an average 4.5...
- Staff exodus gathers pace at the regulator. Holt, Natalie // Money Marketing;4/19/2012, p1
The article reports on the 30 percent increase in the number of staff leaving the Financial Services Authority (FSA) of Great Britain ahead of the regulatory model, with 330 permanent employees quitting in 2010 and 430 in 2011. Figures show the earnings and salaries of the staff who left the...
- FSA publishes new pay code for City bankers. Phillips, Lucy // People Management;8/27/2009, Vol. 15 Issue 18, p11
The article reports on a code of practice on City pay published by the financial services regulator. The code of practice was released in the hopes to detect remuneration packages that encourage risky behaviour. It also notes that some believe that the proposals would not stop the increasing...
- Bonuses boosted and Â£10m for pay rises. // Money Marketing;2/19/2009, p10
The article reports on the increase of staff bonus levels and staff salaries at the Financial Services Authority (FSA) in Great Britain. Reportedly, staff bonus levels were up from 12% to 15%, while, about Â£10 million were added to increase staff salaries to level with industry norms....
- Advisers furious at Â£22m bonuses for FSA staff. McMillan, Paul // Money Marketing;6/17/2010, p20
The article reports on the furious reaction of financial advisers to the 22 million pounds bonuses given to the Financial Services Authority (FSA) staff in 2009 in Great Britain.
- EU Exempts Some Firms From Bonus Guidelines. // American Banker;6/15/2011, Vol. 176 Issue 92, p16
The article reports that some financial advisory companies are exempt from the bonus rules issued by Great Britain's Financial Services Authority (FSA) and approved by the European Union (EU) and notes Evercore Partners Inc. and Greenhill and Co. can pay guaranteed bonuses to their employees.
- ANALYSIS: Rein on rewards for risk. // Corporate Adviser;Dec2010, p7
The article reports on the revised remuneration code of Great Britain's Financial Services Authority (FSA) which will take effect on January 1, 2011. It says that the revision, which would include all banks, building societies, asset managers and hedge fund managers, discourages short term...
- Martin Wheatley pay deal totals Â£670k. Holt, Natalie // Money Marketing (Online Edition);7/18/2013, p64
The article reports on data from Great Britain Financial Service Authority (FSA) on its overall staff cost for fiscal 2012/13, which amounted to Â£380.7 million. It states that Financial Conduct Authority (FCA) chief executive officer Martin Wheatley received Â£86,000 in performance related...
- Goldman workers boon. // Crain's New York Business;12/02/96, Vol. 12 Issue 49, p46
Reports that Goldman Sachs and Company has promised its staff 25 percent of their salary in bonus at the end of 1996. Comment from Goldman's chairman, Jon Corzine.