ABN Amro has moved to tackle the "me-first" mentality in investment banking by scrapping multiple bonus pools in its financial markets group in favour of a single pot for all 3,000 employees.

The Dutch bank, which has combined all its debt, credit, rates, foreign exchange and portfolio management activities into a new group, said that the system would motivate staff to work as a team. The bank hopes to eradicate in-fighting between groups, such as trading and sales, over who should be credited with revenue. This characteristic of investment banking has challenged bonus payers since they overtook salaries as the biggest component of compensation.