Directors’ Pay

Part of Oral Answers to Questions — Prime Minister – in the House of Commons at 12:36 pm on 20 June 2012.

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Photo of Andrew Tyrie Andrew Tyrie Chair, Treasury Sub-Committee, Chair, Treasury Committee, Chair, Treasury Committee 12:36, 20 June 2012

Banks have taken excessive risks, for which we have all paid. The Treasury Committee is now investigating that and has heard extensive evidence that senior bank executives have been rewarded excessively for taking those risks. What in these proposals specifically addresses the problem of systemic risk in our major financial institutions?