Will the bonus bubbly still flow as reality bites for British banks?

Will the bonus bubbly still flow as reality bites for British banks?

Banking, Business, NatWest Group, Lloyds Banking Group, Barclays, Executive pay and bonuses Business | The Guardian

​Job losses, shakeups and the motor finance commission scandal will cast a shadow over lenders when they start reporting results this weekThe fortunes of Britain’s biggest lenders may well be reflected by a mix of celebratory champagne and commiserative pints by next week, as bankers with an eye on their bonus assess the fallout from a patchy earnings season.Bosses of the UK largest lenders are due to kick off the annual reporting period from Thursday, but their financial performance – and any resulting bonuses – will be overshadowed by corporate shake-ups and job losses. Continue reading… 

Job losses, shakeups and the motor finance commission scandal will cast a shadow over lenders when they start reporting results this week

The fortunes of Britain’s biggest lenders may well be reflected by a mix of celebratory champagne and commiserative pints by next week, as bankers with an eye on their bonus assess the fallout from a patchy earnings season.

Bosses of the UK largest lenders are due to kick off the annual reporting period from Thursday, but their financial performance – and any resulting bonuses – will be overshadowed by corporate shake-ups and job losses.

Continue reading… 

Leave a Reply

Your email address will not be published. Required fields are marked *