European Parliament approves cap on bankers’ bonuses
From January next year, restrictions on bankers’ bonuses will take effect, the European Parliament has announced today.Under the deal agreed by the EU members last month, cash bonuses will be capped at 30% of the total bonus. 60% of bonuses should be variable and for future payment only, with at least 40% having to be [...]
European Parliament approves cap on bankers’ bonuses
