A free cruise on Silver Shadow – now that’s what I call a banker’s bonus
It's not just in Britain that bankers' hefty bonuses and extravagant perks provoke anger and concern. The third-biggest bank in Australia has found itself in the headlines after news of a luxury cruise for 200 of its staff was leaked, only days after mortgage rates had been increased and 1,000 workers were sacked. ANZ - whose advertising slogan is "We live in your world" - has paid A$1 million (£680,000) to charter Silver Shadow for a five-day voyage to the Langkawi islands in Malaysia, and a further A$750,000 (£510,000) to fly the lucky few into Singapore. Silver Shadow, operated by [...]