Page last updated at 11:52 GMT, Wednesday, 1 February 2012

The era of greed 'has to end'


Britain's backlash against the bankers is gathering momentum. Political pressure has forced one bank chief to forego a hefty bonus and another to be stripped of his knighthood. There are loud demands for a wider crackdown on stratospheric executive pay.

Politicians from all sides are insisting that capitalism be 'responsible'. Stephen Sackur talks to three people in the industry: Ken Costa - a long-time investment bank chief, Nicola Horlick - a leading fund manager and Lord Richard Newby - a UK High Pay Commissioner.

Can capitalism find a new moral compass?

You can watch the full interview on BBC World News on Wednesday 1 February at 04:30, 09:30, 15:30 & 21:30 GMT and on the BBC News Channel at 04:30 on Wednesday 1 February and at 00:30 on Thursday 2 February.

Find out who is coming up on the programme by following us on Twitter or subscribe to our podcast.


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