Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. caps on banker pay. given how much bankers, especi

Caps on Banker Pay. Given how much bankers, especially top bankers, make compared to the...

90.2K

Verified Solution

Question

Finance

Caps on Banker Pay. Given how much bankers, especially top bankers, make compared to the median salary in the United States, should there be an absolute cap on pay in the financial sector? Does the Capital Requirements Directive IV come close to implementing such a cap indirectly? Will staff at EU banks be more or less likely to leave for financial conglomerates in other countries, or to work for a technology start-up? Is the effect the same on senior and junior bankers? Of those, who are more or less mobile because of family circumstances or language skill sets? It has been suggested that society would be better off if fewer top students from elite schools joined the financial sector. What are the pros and cons of this point of view?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Chemistry
1.2K views

For a particular isomer of C8H18, the combustion reaction produces 5104.1 kJ of heat per mole...

Physics
1.2K views

A body of mass 15.0 kg is traveling at 5.3 m/s along the positive x-axis with...

Physics
1.2K views

a) What is the equation of motion that governs the physics behind sound production in your...

Physics
1.2K views

Two pucks are sliding across a frictionless surface. Puck A has a mass of .330 kg...

Biology
1.2K views

All Homs 2 2 3 4 5 6 7 8 9 10 11 20 PN...

Biology
1.2K views

You are asked to consult on a spill of heavy metals and aromatic compounds in...

Geometry
1.2K views

What is the value of x x 5 O 10 O 7 5 O 2...

Basic Math
1.2K views

State the poles of the rational function below4s +9/2s - 18

Calculus
1.2K views

57 The area of the region that lies to the right of the y axis...

Accounting
1.2K views

Indicate how the following items affect equity: Expenses Assets Gains

Accounting
1.2K views

Case (please find questions below) VMD Medical Center Costing and Pricing at VMD MIC To...

Accounting
1.2K views

Internal Rate of Return A project is estimated to cost $194,720 and provide annual net...