BANKERS’ BONUSES: REPRISE (revised)

Bankers’ bonuses get mentioned in the media again and again and again and again and yet again. Much gnashing of teeth and wearing of hairshirts isn’t going to solve the problem, although it is better than ignoring the problem altogether. Whilst it is good that UBS has acknowledged that bonuses should be based on profits, [...]

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BEWARE OF CITY JOB CUTS AND WORK OVERLOAD

Estimates of job cuts in the City are increasing week by week (and have now started). This is no surprise. Financial institutions have also viewed staff as a liquid commodity and as the easiest overhead to cut when the going gets tough.

This article points out one implication for the commercial property market: that of empty office space. However, whether this will lead directly to a ‘ plunge in property rents ‘ is rather uncertain.

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BAN BANKERS’ BONUSES ?

It gets tiring seeing the same issues coming around again with each economic cycle. Once more it’s yet bankers’ bonuses, now viewed with a mixture of horror and indignation at payments made to ne’er-do-wells who do little more than mess up the economy. It may make good copy, but such an attitude is hardly helpful…..

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ARE THE BANKS COMMITTING MORE SELF-HARM ?

The previous article points out that banks invariably cause themselves harm by restricting lending when markets need liquidity and – based on recent announcements and revelations in the UK – they appear to have found a new way of hurting their customers and thereby, themselves….

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