Reuters - Video

EDITION: U.S. | U.K. | IN

Breakingviews

Breakingviews: EU bonus caps won’t tackle excess pay

Tuesday, 19 Feb, 2013 - 04:39

Feb. 19 - The EU’s push to cap bankers’ bonuses won’t resolve excess pay – salaries will rise instead, says Reuters Breakingviews.

▲ Hide Transcript

View Transcript

Capping bank bonuses will simply make matters worse says this Chris Hughes of breaking news I'm Chris. I know you you guys they're bringing music had a lot of discussion about an argument about this I'm. Just run us through your your basic premise for us. But my concern is the if that's the problem it is it's banking ties -- hard which it clearly is. This supposed to Solutia and that was -- -- -- -- -- through faith plays bonuses. Well so the -- can't. High paid by. Increasing base salaries and fixing it not very -- helpful and -- -- our film made the pro remarks meant that when I come across there is you know with the -- could cost the -- thing. But -- it it is it is actually -- -- counterproductive. Ma solutions where it's we'll move will hauled water and place with a hard fought hard I mean them with the leafs to tackle. This problem is that it. For it to get through Weinstein flew -- from -- -- -- okay play through it and left. Get to this desire and you wrote a piece a similar -- lost you when when this when this crop top and and and the thing you highlighted. And -- pieces. What what's new offensive -- seemed to be in offensive line now from yes it's a credible position you have but what. What is -- Believe the the ideal situation into the -- -- -- -- from themselves. And didn't pay themselves and not so -- they would if they. Pay them more. So holds a -- -- rebuilt back tropical false. And didn't behave in such a provocative way I mean -- -- and now they've they've that is if they actually stay warm this proposed who have had it coming in but. It would be far better place for so there's some responsibilities some some restrains. And fun for us all -- Travelman. And capital -- move to rewarding. The expect to sell this to provide them with technical bonuses to repay it. Well if you -- the other way if you use if you are citizens from those principles and the the bank owns. -- I thought about revenue. Its main. Cost -- its people its main asset is its people. You know in their own thing they didn't deserve to be paid those things that. You know than -- You know opened. Clever and hard working Gibson gets the rules about them and they clearly that's really. And this is -- it's a high performance in the industry and they say. One should expect to see concerned -- that people and you know I think a lot of wind but at Vodafone for us live this fast. That the public. What do you think I mean this is being -- in the European Parliament what do you think the outcome of this is going to be. And I wanna mention it to for -- would be that the the warrior about a brain. Brain drain. If Asia if the US doesn't implement similar. Procedure. You know what you are about. -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- Firms are little two. Exceed that ratio and -- the -- remarkable woman wants to. With shareholder approval and this the good that the amendment to our theme. Unstoppable I think that is the consequence of this thing will be -- -- resourceful and since the paying people in more -- -- -- And it'll be it'll cost. They can -- pay -- will not want to of these people. Two. Two other farmers so defenses. Fail I think for -- response will be exactly what. The policy makers that would. All right all right I know it was going to be a lot of debate about this and in Georgia native and avoiding these problems is going to be writing a a piece. I believe the different throw against. Your view on a little bit -- storm breaking news sites very brave that's itself from frank TV so now I'm -- -- this is --

Breakingviews: EU bonus caps won’t tackle excess pay

Tuesday, 19 Feb, 2013 - 04:39

Most Popular »

Editors' Picks »

The Exchange »

The Exchange: Hot commodity The Exchange: Hot commodity

Wed, 16 Jul, 2014 - (9:25)

The Exchange: Constitutional crusade The Exchange: Constitutional crusade

Wed, 25 Jun, 2014 - (11:35)

The Exchange: The value of money The Exchange: The value of money

Mon, 02 Jun, 2014 - (9:53)

The Exchange: China’s Second Continent The Exchange: China’s Second Continent

Tue, 27 May, 2014 - (9:35)

The Exchange: A master of business arts The Exchange: A master of business arts

Thu, 08 May, 2014 - (8:24)

The Exchange: America's bankrupt cities The Exchange: America's bankrupt cities

Mon, 05 May, 2014 - (8:52)

The Exchange: Let the rocking commence The Exchange: Let the rocking commence

Tue, 08 Apr, 2014 - (8:13)

The Exchange: The Moneyball fallacies The Exchange: The Moneyball fallacies

Mon, 24 Mar, 2014 - (9:54)

Is doing good a good business? Is doing good a good business?

Mon, 17 Mar, 2014 - (7:38)

Oddly Enough »

Elephants 'lovin' polo tournament Elephants 'lovin' polo tournament

Thu, 28 Aug, 2014 - (1:31)

Triplet pandas celebrate a milestone Triplet pandas celebrate a milestone

Thu, 28 Aug, 2014 - (0:48)

Group shatters record for longest flower garland by a mile Group shatters record for longest flower...

Wed, 27 Aug, 2014 - (1:30)

Masked hero sweeps clean Masked hero sweeps clean

Tue, 26 Aug, 2014 - (1:10)

Right muddy mess at World Bog Snorkeling Championships Right muddy mess at World Bog Snorkeling...

Tue, 26 Aug, 2014 - (1:11)

Hello Kitty conquers space Hello Kitty conquers space

Mon, 25 Aug, 2014 - (1:11)

Japanese zoo welcomes red panda cub Japanese zoo welcomes red panda cub

Mon, 25 Aug, 2014 - (0:42)

Is it a plane? No, it's a hoverbike Is it a plane? No, it's a hoverbike

Fri, 22 Aug, 2014 - (2:40)

Fox kicks off "Simpsons" mega marathon Fox kicks off "Simpsons" mega marathon

Thu, 21 Aug, 2014 - (0:56)

Six-story tall duck floats into L.A. port Six-story tall duck floats into L.A. port

Thu, 21 Aug, 2014 - (1:02)

Young artist paints surreal illusions on bodies Young artist paints surreal illusions on...

Thu, 21 Aug, 2014 - (1:30)

Reuters Investigates »

Re-homing victim: "I could have been dead" Re-homing victim: "I could have been dead"

Wed, 19 Feb, 2014 - (8:24)

Cops and loggers in the Amazon rainforest Cops and loggers in the Amazon rainforest

Fri, 10 Jan, 2014 - (4:01)

"Passed around like a dog" "Passed around like a dog"

Thu, 29 Aug, 2013 - (6:32)

Adopted, then abandoned online Adopted, then abandoned online

Thu, 29 Aug, 2013 - (13:21)

How the DEA keeps its secrets secret How the DEA keeps its secrets secret

Mon, 05 Aug, 2013 - (1:36)

How education lost its role as the great equalizer - Reuters Investigates How education lost its role as the great...

Mon, 17 Dec, 2012 - (7:52)

Jihad Jane: From abused child to American jihadist - Reuters Investigates Jihad Jane: From abused child to American...

Sun, 09 Dec, 2012 - (10:01)

Jihad Jane: The order to kill - Reuters Investigates Jihad Jane: The order to kill - Reuters...

Mon, 10 Dec, 2012 - (10:39)

Moving Pictures »

Images of August Images of August

Fri, 29 Aug, 2014 - (1:00)

Mending dolls, teddies and hearts Mending dolls, teddies and hearts

Fri, 22 Aug, 2014 - (3:12)

"Old timers" sail the Chesapeake Bay "Old timers" sail the Chesapeake Bay

Mon, 11 Aug, 2014 - (2:27)

Burned memories Burned memories

Fri, 08 Aug, 2014 - (3:02)

Images of July Images of July

Fri, 01 Aug, 2014 - (1:20)

World Cup: passion on the pitch World Cup: passion on the pitch

Fri, 11 Jul, 2014 - (1:00)

A refugee in America gives back A refugee in America gives back

Thu, 03 Jul, 2014 - (3:25)

A long search for refuge A long search for refuge

Fri, 20 Jun, 2014 - (3:04)

World Cup: Around the globe in 50 goals World Cup: Around the globe in 50 goals

Fri, 06 Jun, 2014 - (1:08)

VIVID – Sydney’s spectacle of light VIVID – Sydney’s spectacle of light

Fri, 30 May, 2014 - (1:37)