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HomeGoldman Drops ‘F-Bomb’ on Alistair Darling
Posted by Larry Doyle on February 9th, 2010 1:51 PM |
British Chancellor of the Exchequer Alistair Darling
If the taxman is going after the bonus, then don’t be surprised when the financial industry shifts a greater percentage of overall compensation to higher fixed salaries.
Recall a few weeks back that the UK Chancellor of the Exchequer Alistair Darling announced an aggressive surcharge on the bonus pools of its banks. Well, it did not take long for the banks to respond and revise their base salary structure.
I am happy to link to a London-based site, eFinancialCareers, which highlights changes in the salary structure at banking operations in the UK and specifically focuses on the expected new salary structure at Goldman Sachs. Sarah Butcher of eFinancial Careers writes, Exceptional Salary Increases at Goldman Sachs?: >> (more…)
