Wednesday February 19, 2020

Michael Murray: The latest Brussels proposals on bankers' pay are daft, and likely to have the opposite effect to what is intended

Seeking to tame the global financial sector is akin to trying to put tidiness and order into a large urn of spaghetti.

16th March, 2014

Seeking to tame the global financial sector is akin to trying to put tidiness and order into a large urn of spaghetti.

The sheer scale, complexity and obtuseness of the interlinkages within global financial markets, the proliferation of financial innovation and the exotic and often toxic financial instruments that underpin it, makes the consequences of much regulatory intervention impossible to predict and even more difficult to undo.

When it comes to banking, sometimes a little...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The best writing and and the biggest stories of 2019 from the Business Post

Richie Oakley | 1 month ago

Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals

Leanna Byrne | 4 years ago