A senior JPMorgan executive is pushing the European Union to abandon its bonus cap restrictions on bankers—following the UK's lead. The argument? The bloc can't afford to lag behind other major financial hubs if it wants to stay competitive globally. As regulatory frameworks reshape across different regions, this debate highlights the tension between strict oversight and attracting top talent in finance. The question of whether tighter caps on compensation actually harm competitiveness keeps sparking conversations among policymakers and industry players.
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GasFeeLady
· 12-17 09:23
ngl this is just classic "remove the guardrails so we can extract more value" energy... reminds me of when protocols say they need less oversight to "stay competitive" right before a rugpull lmao
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degenonymous
· 12-17 05:56
Here we go again, JPM and those guys just keep talking about competitiveness... Do they really think regulation is optional?
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MelonField
· 12-16 07:22
They're shifting the blame again, saying strict rules affect competitiveness? Wake up, the tricks of squeezing retail investors are just like this.
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GasGuzzler
· 12-15 17:28
Here we go again with this? Relaxing regulations to retain talent—this logic is old and worn out.
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OfflineNewbie
· 12-15 17:22
Just to be honest, it's all about the money.
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GweiWatcher
· 12-15 17:21
Here we go again with this? Unlimited compensation can retain talent, laughable, isn't it just being led by the nose by the Americans?
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MEVHunterNoLoss
· 12-15 17:20
Hmm... here we go again with the "competitiveness" rhetoric. JPM's executives really know how to talk.
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OfflineValidator
· 12-15 17:18
Going with this again? Relaxed regulation to retain talent, why not say that capitalists' compensation pools are originally obtained through plunder?
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RunWhenCut
· 12-15 17:02
JPMorgan is really dropping hints or do they actually think the EU will buy into this?
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HappyToBeDumped
· 12-15 16:58
Here comes that same old reason for competitiveness... Listen, it's nothing more than wanting more money.
A senior JPMorgan executive is pushing the European Union to abandon its bonus cap restrictions on bankers—following the UK's lead. The argument? The bloc can't afford to lag behind other major financial hubs if it wants to stay competitive globally. As regulatory frameworks reshape across different regions, this debate highlights the tension between strict oversight and attracting top talent in finance. The question of whether tighter caps on compensation actually harm competitiveness keeps sparking conversations among policymakers and industry players.