Financial Crisis: the Bank of England’s surprising bonus culture

In a recent attack of conscience – spurred on by a pitiful bonus payment – a friend of mine left his job at one of the world’s largest investment banks and set his sights on joining the world of financial regulation.

After a spate of redundancies left him as the last remaining member of his team his image of the hard-working high-living lifestyle of a banker had been almost entirely dispelled. He felt in need of a new challenge and where better…