Banks Get Warning On Big Bonuses

The JournalAugust 10, 2009

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Summary


THE head of the City watchdog warned banks against a return to the days of risk-fuelled bonuses yesterday as the regulator prepares to lay out new strictures on pay.

The Financial Services Authority (FSA) will publish a code of practice for banks on salary and bonus policies this week following a consultation launched in February.

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Extract


Banks Get Warning On Big Bonuses

It follows fears that banks could resume the pay practices ...

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