Proceeding contribution from Steve Barclay (Conservative) in the House of Commons on Tuesday, 7 February 2012. It occurred during Opposition day on Banking (Responsibility and Reform).
Banking (Responsibility and Reform)
Can the hon. Gentleman explain why, under the regulatory structure introduced by his Government, banks were able to hire staff on guaranteed bonuses totally unconnected with future performance, and why not a single individual in any of the five largest banks was subject to a fine? The two largest fines imposed on Northern Rock executives were less than the bonuses that they had received the preceding year.
Secondary information
- Type
- Proceeding contribution
- Reference
- 540 c188
- Session
- 2010-12
- Chamber / Committee
- House of Commons chamber
- Subjects
- Bank services Banks Credit Incentives Pay Managers Loans Small businesses Regulation Reform Bank levy
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2023-12-15 15:15:30 +0000
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- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_807704
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