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The IFR Group
are banking bonuses really so bad?
Honest Buck:
An Steve Bloor, Managing Director at The IFR Group
In the last 12 months we’ve seen payment protection insurance (PPI), interest rate swaps and Libor manipulation all make headline news, with a proportion of the blame directed at the bonus culture inside banks that are making excessive profits. Steve Bloor, Managing Director at The IFR Group, asks are big profits for banks and big bonuses necessarily a bad thing?