Tuesday, January 4, 2011

ARTICLE: Banks forced to reveal numbers of millionaire staff


New laws created in the wake of Sir David Walker's report will compel banks to say how many of their staff earn more than £1m, but 'high end' earners' names will not be revealed.  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.


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