Summary
A RAFT of major overseas banks with UK operations have agreed to back tougher international rules to curb pay and bonuses.
The Treasury said 11 banks, including Bank of America, Goldman Sachs and JP Morgan - which today reported a 581% surge in third quarter profits - had signed up to the G20 recommendations drawn up last month.See the full content of this document
Extract
Banks Back Crackdown On Bonuses ; Economy Today: Finance
The move fol...
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