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MEPs land deal to limit bankers’ bonuses

14.12.12 @ 09:52

  1. By EUOBSERVER

EU bankers’ bonuses should be capped at two times fixed salary, MEPs and member states agreed on Thursday in Strasbourg, reports the Financial Times. A deal on legislation to implement the “Basel III” bank capital accords, which include the restrictions on bonuses, could come as soon as next week.