Bank shareholders: more please

Bank shareholders finally seem ready for more pie. Until now, they’ve largely shrugged at the outsized proportion of revenue firms dole out to their bankers. But at last, some Goldman Sachs investors are carping for lower bonuses and higher retained earnings – in a bid to drive up the share price. The added political storm makes it a perfect time for banks to revisit the model. The evidence is thin to justify investment bankers being paid like movie stars and elite professional athletes. But sh...