Wealth firms are growing concerned a regulatory crackdown on bonuses within the UK banking sector could end up impacting the investment management industry.
The Bank of England is attempting to change the way banking remuneration is structured as it moves to steer the industry away from what it sees as a short-term focus that rewards unnecessary risk-taking....
Negotiations had stalled recently
As January 2018 deadline looms
Number of groups making announcements this week
Natixis also linked
More focus on global equities