The Bank of England's Sir Jon Cunliffe has warned bankers they are paid too much and should expect a salary cut following a sharp drop in banks' profits.
Cunliffe, the Bank's deputy governor for financial stability, said harsher rules for banks forcing them to hold more capital have already hit shareholder returns but have yet to affect bankers' salaries....
First mentioned in Cridland Report
Second acquisition of 2019
Guy Opperman has rejected calls to speed up changes to auto-enrolment (AE) despite increasing pressure to boost contribution rates and overall savings pots.
Four key areas to focus on
And 94% for critical illness