Results tagged “compensation”

Two people who were subjected to stop and search techniques by police at an arms fair at the Excel centre in 2003 have finally won their battle to end the practice.

As well as securing the backing of the European Court, Kevin Gillan and Pennie Quinton were awarded more than £30,000 compensation.

Credit Suisse enjoyed a productive 2009, making a profit of 6.7billion Swiss francs last year.

The bank, which has its UK headquarters in Canary Wharf, has bounced back from a poor 2008, largely due to the strength of its private banking business and adopting a safer business model.

Former West Ham manager Alan Curbishley has won his claim for constructive dismissal against the club.

Curbishley resigned from the Upton Park hotseat in September last year claiming the club's transfer policy had undermined his position as manager.

Credit Suisse is to up the basic salaries of around 15 per cent of its staff to make up for limits on bonuses.

Around 7,000 workers at the bank, which has its British headquarters in Cabot Square, will see the change to their compensation packages come into effect from January.

Banking bonuses are back on the agenda but some Wharf-based institutions are taking a different approach to recruiting and keeping the best talent.

Citigroup announced last month they would be increasing basic salaries for staff by 50 per cent to offset reduced bonuses.