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Transparency efforts for banker's bonuses
11/26/09
Guardian.co.uk: Banks forced to reveal numbers of millionaire staff, Nov. 26, 2009
Banks will be forced to reveal how many of their employees earn more than £1m a year under new laws expected to show that hundreds, perhaps thousands, of City bankers are made millionaires each year.
But in introducing legislation to adopt the key recommendations of the City veteran Sir David Walker in his 167-page report published today, the government will allow banks to keep the identity of "high-end earners" secret. Ministers had suggested the top 20 highest-paid employees should be named and shamed. read more
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