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Banker Pay

Top bankers still get paid millions of dollars each year, despite the damage so many of them wrought to the global economy five years ago. Why?

Top bankers still get paid multi-million bonuses, despite having almost brought the global financial system to its knees five years ago. The Βι¶ΉΤΌΕΔ's Business Editor Robert Peston dispatches his colleague Laurence Knight - himself a former investment banker - to find out why.

Laurence speaks to a head-hunter who compares the market for the best traders to the bidding wars over the likes of Ronaldo and Gareth Bale.

He hears from a financial blogger with a jaded view of the financial system, who explains why she thinks some bankers have their employers over a barrel.

And Laurence meets up with his former investment banking boss, to get an inside view of how the bonus negotiations work.

Available now

18 minutes

Last on

Thu 2 Jan 2014 08:32GMT

Broadcast

  • Thu 2 Jan 2014 08:32GMT

Podcast