British Bankers Could Have Bonuses Linked to Diversity Goals
- Boards could also face more targets to improve representation
- FCA and PRA are consulting on ways to speed industry progress
Pedestrians pass the U.K. offices of JPMorgan Chase & Co. bank in the Canary Wharf business, financial and shopping district of London.
Photographer: Simon Dawson/BloombergThis article is for subscribers only.
Bonuses for senior British financiers could be tied to diversity goals and boards could face extra membership targets under proposals from regulators Wednesday.
Senior staff could also become directly responsible for inclusion at their companies, according to a report from the Financial Conduct Authority and the Prudential Regulation Authority.