Brussels, 16/06/2014 (Agence Europe) - In a report published on Friday 13 June, the European Banking Authority (EBA) examines a recent trend for banks to pay high earners allowances based on their speciality to boost their fixed pay.
“The report shows that financial institutions have been reviewing their remuneration policies to comply with the new requirements introduced by the Capital Requirements Directive (CRD IV) and some firms have introduced 'position or role-based allowances,'...