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Banks Bow to EU Over Limit to Bonuses

June 14, 2012

Bankers’ bonuses across the European Union are set to be limited by law, with many bank lobbyists admitting in private that they have lost the fight against a European Parliament initiative to limit the size of bonuses relative to salary, the Financial Times reports.

Source: http://www.cnbc.com/id/47808604?__source=RSS*tag*&par=RSS
 
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