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Don't shed a tear for this year's bonuses

There are wise heads within the investment banking industry who would like to see the system scrapped

It's that time of year again. In spring, the thoughts of Euromarket boys and girls turn to canoodling, the birds and bees and other such pleasures. However, from the first day in October, nothing fixates them so much as money. How much will they be paid in bonuses at the end of the year? They are already starting to think about how they will spend the money. You can't blame them – after all, they do not work for love.

There are wise heads in the industry who would like to see the bonus system scrapped.

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