December 1st in Uncategorized by Editor .

Bank High Earner Details Might be More Detailed

Alistair Darling has told MPs that banks may be forced to publish more information about high-earning staff.

In a debate on the Financial Services Bill the chancellor said the government may want to go further publish how many staff earn more than £1m a year and may look at salary packages below the £1m mark.

Still, your neighbours won’t necessarily be jealous if you are one of them – banks would not have to name employees earning lots of cash under …

Charles Tyrwhitt UK
 

Alistair Darling has told MPs that banks may be forced to publish more information about high-earning staff.

In a debate on the Financial Services Bill the chancellor said the government may want to go further publish how many staff earn more than £1m a year and may look at salary packages below the £1m mark.

Still, your neighbours won’t necessarily be jealous if you are one of them – banks would not have to name employees earning lots of cash under the Walker proposals. Sir David Walker told the BBC last week that the argument to name individuals who were earning that sum “were not supported by a shred of evidence”, and that there were well over a thousand on that salary level in the City.

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