Check on bankers’ bonuses


Cut and paste forgery. - STAR

Bank Negara tells banks to stagger payouts to executives, aligning their rewards to the risk carried by financial institutions

PETALING JAYA: Banks have been told to stagger the variable bonuses of senior employees and deal-makers over a period of time in a move seen as putting the brakes on bankers earning handsome rewards and leaving the bank to carry all the risk.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.

Business , Bank , negara , corporate , governance

   

Next In Business News

Singapore Oct core inflation at 2.1% y/y, lowest in almost 3 years
TMK Chemicals aims to raise RM385mil from Main Market IPO
Malaysia's September LI up 1.8%, shows continued economic growth - DoSM
CBH Engineering inks underwriting deal with Mercury Securities
ACE Market-bound Topvision aims to raise RM17.89mil from public offering
FBM KLCI jumps 15 points as banks rally ahead of results
World Bank appoints Judith Green as country manager for Malaysia
Bank Pembangunan, Aim Concept ink RM75mil facility for Penang General Hospital
Oil holds at 2-week high as Russia, Iran tensions support prices
Foreign funds record RM165.3mil weekly net sale of Malaysian equities

Others Also Read