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Bank bonuses just encourage greedy or dishonest staff

Details

Citation

Webb R (2014) Bank bonuses just encourage greedy or dishonest staff. The Conversation. 26.08.2014.

Abstract
First paragraph: The explosive issue of banker bonuses refuses to go away ¨C and not just because of the Bank of England¡¯s controversial new ¡°clawback¡± measures, which will defer bonuses for three to five years. President Obama recently played his part in relighting the fuse when he used a radio interview to claim bonuses still encourage Wall Street traders to ¡°take big risks¡± that might imperil economic stability.

Keywords
Banking; Risk; Bank bonuses

Notes
https://theconversation.com/bank-bonuses-just-encourage-greedy-or-dishonest-staff-30008

StatusPublished
Publication date26/08/2014
Publication date online26/08/2014
URL
PublisherThe Conversation Trust
Place of publicationLondon

People (1)

Professor Robert Webb

Professor Robert Webb

Professor of Banking and Appl. Economics, Accounting & Finance

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