Posts Tagged ‘banking’

I have just watched a video on FT website (view from Europe). Jean Lemierre, the president of EBRD, was talking about the global credit crunch and the effects on the banking region. He started off saying that this is a tricky time for the world economy. However, the banking system hasn’t yet seen a major […]

FT Weekend – 8-9/03/2008 Institute of International Finance – association of global banksMeeting @Rio de Janeiro “by paying huge bonuses on the basis of short-term performance when negative bonuses are impossible, banks create huge incentives to disguise risk-taking as a value creation”. NEEDED: a system of rewards that better aligns the interests of the decision-makers […]