Pay

BBVA bonus cap a helpful check on fintech fever

22 Aug 2016

The Spanish bank has asked European lawmakers to let it pay technologists whatever variable compensation it deems fit. A rule limiting bonuses to twice base salaries makes more sense for traders than coders. But it could prevent BBVA veering from innovation lust into overpaying.

Credit Suisse special pay looks less than special

4 Jul 2016

The Swiss bank last year trebled extra awards it makes to hire or retain star recruits. The boost partly fits the change in management and compensation philosophy under boss Tidjane Thiam. Still, too many were given too much at a time when industry profitability is wilting.