11:39 Nov 10th, 2011 | 17 notes

"And while the bankers’ period of remorse may or may not be over, the period of pay restraint certainly is. Bank leaders turned down bonuses in 2008 and 2009, but 14 out of 15 chief executives of leading US and European financial institutions accepted one last year. Total pay for those chief executives rose 36 per cent while revenue increased just 2.9 per cent, according to data compiled for the Financial Times by Equilar, an executive pay research firm."