28 Mar 2012
| by John Morrish
Business has always been seen as the preserve of the big personality. However, in her new book, Quiet, Susan Cain says it's time more thoughtful and reserved types got their due. Will introverts lead a quiet revolution?
Quote of the day: 'People who don't have money don't understand the stress' - Alan Dlugash, a partner at New York accounting firm Marks Paneth & Shron LLP, explains the trials and tribulations of trying to scrape by on a six-figure salary. 'Could you imagine what it's like to say I got three kids in...
The bank says it's planning to take about £2m back from current and former execs as recompense for the mis-selling of payment protection insurance.
Looks like City workers are taking their cues from Westminster: 21% have admitted they'd fiddle their expenses if they could get away with it.
... that brings the bank's grand total up to 31,800. And there's more to come.
It's no surprise the RBS chief exec did turn down his bonus, placating the vultures in the process. But that doesn't mean he should have felt obliged to.
27 Jan 2012
| by MT Staff
In part two of our look at the similarities between Japan's 'lost decade' and the eurozone crisis, Nick Boulter looks at the future of employment.
The total payout by Goldman Sachs this bonus season. It may sound like a hefty whack, but this year the investment bank has sliced almost a quarter off its compensation packet due to falling profits.
11 Jan 2012
| by Nicky Little
The whole saga could ultimately be good for the City, says Nicky Little, head of leadership at Cirrus.
The share prices of UK major banks continue to drop but staff are still set to make a killing at bonus time. The Association of British Insurers (ABI) tells bank bosses: over-pay at your peril.