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Mmastodon BusinessBanking first seen 5 h ago, last 5 min ago, peak #6

London bankers and lawyers earn over £1bn in takeover boom

Original: London’s investment bankers and lawyers make more than £1bn in takeover frenzy By Lauren Almeida Bumper fees paid in the

Investment bankers and lawyers in London have earned more than £1bn in fees from a surge in mergers and acquisitions activity, according to a report by Lauren Almeida. The bumper fees have sparked criticism over high pay in the City at a time when many households are struggling with the cost of living, renewing debate about inequality and executive remuneration in the UK financial sector.

Why now: Large City fees during a cost of living crisis have reignited public anger over high finance pay and inequality.

LondonLauren AlmeidaThe Guardianinvestment bankerslawyers

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