Bonds in bank bonuses may be ‘important first step’

Fred-TungGlobe and Mail
Frederick Tung, School of Law

It’s no longer a matter of real dispute that something went badly wrong in the culture inside banks in recent years…

Expert quote:

“Not only does it change incentives, but it changes who is going to be attracted to those jobs. You could imagine some turnover, and essentially a different kind of person who wants that job.”

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