Written question asked by Chuka Umunna (Labour) on Tuesday, 14 June 2011, in the House of Commons. It was due for an answer on Thursday, 16 June 2011. It was answered by Mark Hoban (Conservative) on Wednesday, 6 July 2011 on behalf of the Treasury.
Banks: Regulation
- Question
- To ask the Chancellor of the Exchequer whether under the Project Merlin agreement chief executive remuneration will reflect banks' performance against (a) stretch and (b) capacity lending targets.
- Answer
-
The Merlin statement commits the banks to give the expectations, capacity and willingness relating to lending to small and medium sized businesses more weight in the performance metrics of the chief executives of each bank for 2011, as well as the leaders responsible for the relevant business areas, than the SME lending share of each bank's profits might otherwise imply.
Secondary information
- Type
- Written question
- Reference
- 60668; 530 c1241W
- Session
- 2010-12
- Subjects
- Banks Regulation
- Link
- View this Written question on www.publications.parliament.uk
Librarians' tools
- Timestamp
- 2013-11-20 02:45:04 +0000
- URI
- http://data.parliament.uk/pimsdata/Hansard/PARLIAMENTARY_QUESTION_1621701
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/pimsdata/Hansard/PARLIAMENTARY_QUESTION_1621701
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/pimsdata/Hansard/PARLIAMENTARY_QUESTION_1621701