Tag Archives: banks

Bank/borrower negotiations in the post-Covid world

Posted on June 19, 2020 by Alice Heathfield

In the current Covid-19 crisis, thousands of businesses that in normal times would be in no danger of defaulting on their bank loans will need additional support from their banks in the coming weeks and months. Banks also recognise the …

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Bank Fraud: Safeguards and Solutions (part three)

Posted on May 7, 2020 by Alice Heathfield

Given the current circumstances, authorities are warning that everyone should take particular care against frauds relating to Covid-19. In parts one and two of this series we looked at what mechanisms the banks should have in place to protect their …

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Coronavirus – Can Employers be obliged to alter contractual remuneration arrangements?

Posted on April 7, 2020 by Alice Heathfield

Bankers’ bonuses are currently subject to a bonus cap introduced by EU regulations which aim to limit bonus pay-outs to 100% of salary, or 200% with approval from shareholders. In the UK, regulated firms must also comply with the Remuneration …

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