Bankers’ bonuses may not match expectations, says Eversheds
Eversheds has commented on the news that the majority of UK bankers expect to receive a larger bonus in 2013, warning that bonuses may not match expectations.
Paul Fontes, partner at the law firm, said: ‘While expectations regarding bonus pay-outs for 2013 may be rising, the political environment and public perception means that banks will remain under pressure to keep pay-outs within reasonable limits. As banks prepare for the introduction of the bonus cap in 2014, senior staff may simply get generous rises in fixed pay rather than a big increase in their bonus for 2013.’
News from Eversheds
News from The Lawyer
Briefings from Eversheds
The EU Commission has imposed a fine of €20m on Marine Harvest for failing to notify the commission of its acquisition of de facto sole control over Morpol ASA.
The government has launched a consultation on stamp duty land tax rules for property authorised investment funds and co-ownership authorised contractual schemes.
Analysis from The Lawyer
A new breed of lawyer is smoothing the path for companies entering emerging or unstable jurisdictions
‘Exotic’ investors and opportunities for legal work beyond M&A feature in The Lawyer’s high-level roundtable debate on south-east Europe