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Proceeding contribution from Lord Brady of Altrincham (Conservative) in the House of Commons on Wednesday, 8 July 2009. It occurred during Ministerial statement on Reforming Financial Markets.


Reforming Financial Markets

The remuneration package agreed for Mr. Stephen Hester at RBS is weighted towards the long term and has clawback provisions in the bonus. Is the Chancellor happy that that is an acceptable package, which reflects the kind of long-term measures for remuneration that he said should be put in place, or does he believe that that specific example would lead to different capital requirements?


Secondary information

Type
Proceeding contribution
Reference
495 c982 
Session
2008-09
Chamber / Committee
House of Commons chamber
Subjects
Consumers Banks Cooperation Competition Advisory services Bank of England Finance Education Investment Financial services Financial institutions International cooperation Financial Services Authority Interest rates Financial markets Personal savings Protection Pay Management Mortgages Loans Regulation Treasury Government guaranteed credit Financial Services Compensation Scheme Council for Financial Stability
Link
View this Proceeding contribution on www.publications.parliament.uk