首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
外语
Banks are embarking on a radical overhaul(改革)of the way they pay their senior executives by considering how they can link their
Banks are embarking on a radical overhaul(改革)of the way they pay their senior executives by considering how they can link their
admin
2016-10-18
22
问题
Banks are embarking on a radical overhaul(改革)of the way they pay their senior executives by considering how they can link their bonuses to the way they treat customers and build up capital.
The move is a major departure from the traditional way of paying out bonuses, which has been done on the basis of how the bank’s share price has performed relative to rivals, and the institution’s profitability.
All the major banks—Lloyds Banking Group, Royal Bank of Scotland, HSBC and Barclays—are understood to be in discussions with major City investors about the performance criteria for 2011 . Senior shareholders say banks have raised the possibility of including customer satisfaction as a measure of the risks being taken, as well as the amount of capital that banks hold.
The changes are being demanded by the Financial Services Authority, which wants to see a clearer link between pay and performance and the risks being taken by the banks. The FSA, in adopting European-wide rules that came into effect yesterday, has required that long-term incentive plans(奖金计划)should not just have profit-based targets, such as earnings per share, or relative share price performance targets, such as total shareholder return.
The FSA’s code states: "Many common measures of performance for long-term incentive plans, such as earnings per share(EPS), are not adjusted for longer-term risk factors. Total shareholder return(TSR), another common measure, includes... dividend distributions, which can also be based on unadjusted earnings data. If incentive plans mature within a two- to four-year period and are based on EPS or TSR , strategies can be devised to boost EPS or TSR during the life of the plan, to the detriment of the true longer-term health of a firm.
Establishing what alternatives to use is proving tricky for banks, which are trying to
gauge
what will be deemed acceptable both to the regulator and to shareholders who would be expected to vote on the directors’ remuneration(董事酬劳)reports at annual meetings later this year. Jon Terry, remuneration partner at PricewaterhouseCoopers, said: "This is quite radical for directors of banks. When we get to this year’s annual meetings we are going to see different rewards put to shareholders. ’ Companies in many industries, not just banks, have typically used earnings and shareholder return as the performance criteria lor bonuses.
But since the banking crisis the use of such measures has been questioned. RBS chief executive Stephen Hester has targets linked to lending to small businesses, for instance, while, similar targets are expected to be included in the pay of new Lloyds chief executive: Antonio Horta-Osorio, who takes over in March.
Bailed-out Lloyds and RBS said their pay plans would conform with FSA rules, while Barclays has also acknowledged that changes need to be made.
What’s this passage mainly talking about?
选项
A、Bank bonuses set to be linked to customer satisfaction.
B、Discussions between the major banks and City investors.
C、European-wide incentive plans and the FSA pay rules.
D、The banking crisis and its influence on major banks.
答案
A
解析
主旨大意题。通读全文可知,本文主要论述了银行业高管的红利改革,改革的核心内容是红利与客户满意率挂钩,A)与之相符,故为答案。
转载请注明原文地址:https://jikaoti.com/ti/xRpFFFFM
0
大学英语四级
相关试题推荐
VideoconferencingisnothingmorethanatelevisionsetorPCmonitorwithacamera.Throughthevideoconferencing,notonlyyo
VideoconferencingisnothingmorethanatelevisionsetorPCmonitorwithacamera.Throughthevideoconferencing,notonlyyo
Crimeisincreasingworldwide.Thereiseveryreasontobelievethe【B1】______willcontinuethroughthenextfewdecades.Crimer
ThenewUShealth-insurancerulesaredesignedtohelpthosecaughtinMedicare’s"doughnuthole",offerseniorsmorepreventati
TheNewOldAgeA)TheJapaneseseniorcitizenswhofoundedJeebaknewtheyweremakinghistorywhentheycoinedtheircompanymo
TheNewOldAgeA)TheJapaneseseniorcitizenswhofoundedJeebaknewtheyweremakinghistorywhentheycoinedtheircompanymo
TheNewOldAgeA)TheJapaneseseniorcitizenswhofoundedJeebaknewtheyweremakinghistorywhentheycoinedtheircompanymo
随机试题
首选大环内酯类抗生素治疗的肺炎是
年轻恒牙发生牙髓、根尖周病变后,诱导根尖形成所依赖的组织有
8个月男婴,咳嗽3天,发热伴气促1天,查体:呼吸急促,口周略发青,咽部充血,双肺闻及中小水泡音,心、腹(-):白细胞10×109/L,N0.65,L0.35,其最可能的诊断是
A、简单扩散B、易化扩散C、膜孔扩散D、胞饮E、主动转运小分子水溶性高的药物可通过
项目采购的对象包括()。
财政金库存款由( )直接掌握。
《狐狸和乌鸦》教学片断:学习了课文最后一段,教师打出幻灯片:乌鸦寂寞地站在一棵树上。师:请小朋友仔细观察这只乌鸦的神态,想一想:看着狐狸叼起肉进洞,她心中会想些什么?(学生稍加思考,纷纷举起了小手)生:乌鸦很伤心,心想:哎!都怪我爱听好话,才会上当。生:乌
t为int类型,进入下面的循环之前,t的值为0。while(t=1){...}则以下叙述中,正确的是()。
HowtoBeaSuccessfulBusinesspersonHaveyoueverwonderedwhysomepeoplearesuccessfulinbusinessandothersarenot?
TheWeightExperimentNicolaWaltershasbeentakingpartinexperimentsinScotlandtodiscoverwhyhumansgainandlosewe
最新回复
(
0
)