Bank chairmen talk pay

At the BBA annual conference, the chairmen of HSBC, Standard Chartered, Barclays, RBS and Lloyds give their views on where banking industry pay is going.

If you listen closely to what they are saying, bank chairmen reckon it is time to move on from the emotive discussion on bankers’ pay.

Compared to all the other issues with which they have to deal resolution regimes, capital requirements, ring fencing regulation, Libor scandals pay is the one area they feel closest to being able to tick off their to-do list.

At the annual conference of the British Bankers’ Association on Wednesday, the chairmen of the country’s five biggest banks sat down to discuss their attitude to pay.

Douglas Flint from HSBC, John Peace from Standard Chartered, David Walker from...

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