22 May 2013

Wall Street’s watchdog will present a plan to its board in July that would require brokers to tell certain clients about compensation they receive when they switch firms, the regulator’s chief...

11:23AM
22 May 2013

EU regulators confirmed that they will cap bonuses of bankers earning more than 500,000 euros (HK$5.0 million) a year and added other conditions to make the pay ceiling harder to smash.

11:19AM
19 May 2013

The European Banking Authority, which sets the rules for banks in the 27 European Union countries, is thought to have approved proposals that would require a cap on bonuses for anyone whose pay is...

9:23AM
22 Mar 2013

This is why tonight, players representing Hong Kong's senior team are apparently reinvigorated and motivated to perform well, with an enticing new "carrot" dangling in the form of a revitalised...

3:36AM
4 Mar 2013

Analysts' estimates of HSBC's pre-tax profit for last year shows an average forecast of US$23.3 billion, up 6.3 per cent from a year earlier and the highest since 2008. That will translate into...

4:30AM
21 Feb 2013

Members of the European Parliament and diplomats agreed to reconvene on February 27 after their negotiations ended without a deal on how to implement components of the Basel bank regulations in...

6:22AM

Wall Street may seem like its old self again. Financial giants including Goldman Sachs raked in mega profits in 2012; bonuses are expected to fatten more Wall Streeters' pockets than last year;...

4:29AM

The red-hot property market in the first 10 months of last year has resulted in sizzling bonuses at some property agencies, which gave their non-sales staff up to 50 months' salary.

4:25AM

Goldman Sachs, the securities firm that set a compensation record on Wall Street in 2007, is now demonstrating how little it can pay.

5:27AM

It's always interesting and sometimes surprising to see what drives policy in Hong Kong. Take the story in yesterdays' SCMP about car dealers asking the government for more time to clear their...

3:38AM

This time of year, the annual bonus is the talk of the town. Expectations in banking circles are running high, but the talk itself is kept pretty low. That's because since the 2008 global...

8:55AM

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