_ccc54da6-d092-4714-8e29-99555a406f5f.jpg "Part 2: Ana Botín asks to cancel the bankers' bonuses")
The president of Banco Santander, Ana Botín, calls for the bonus payments for bankers in the EU to be lifted and to follow the example of the United Kingdom. Ana Botín calls for the cancellation of bank bonuses because, in her opinion, this would be “positive” and would allow better coordination with shareholders. In the EU, the European Banking Authority (EBA) continues to adhere to the bonus limit, according to which variable remuneration may not exceed 200% of fixed remuneration.
Also in the United Kingdom, Prime Minister Rishi Sunak unveiled the new £29.5 billion investment plan to make the country the first European destination for foreign direct investment. Spain’s Iberdrola will increase its investment plans in the UK by £7 billion.
Investors are also awaiting ECB President Christine Lagarde’s appearance before the European Parliament’s Economic Affairs Committee to explain recent monetary policy decisions, while Bank of England Governor Andrew Bailey insists this is not the case Time to think about cutting interest rates.
We will interview Pedro Tomey, General Director of the Aon Spain Foundation, to talk about the report on the cost of disasters in Spain. In Expansión y Ciclo, Second Vice President and Minister of Labor Yolanda Díaz has called social representatives to a meeting this Thursday and considers an agreement on the SMI to be “feasible”. Current topics that we will discuss at the Market Closing Gathering with Carlos Puente, political economic analyst, and Carlos Mallo, professor of financial economics and accounting at the Carlos III University of Madrid.
