Summary
SEVEN-and eight-figure bonuses for investment banking rainmakers could be a thing of the past if new European legislation is passed.
And ratings agencies, whose uncritical opinions of the toxic investment vehicles of several banks have been slaughtered in recent months, also face an EU crackdown Charlie McCreevy, the Irish politician who is the EUs internal market commissioner, today pledged to bring new regulations to clean up financial markets.See the full content of this document
Extract
Eu Bid to Curb Bank Bonuses ; Banking
Most important of all is th...
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