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Europe Daily Bulletin No. 11150

9 September 2014
ECONOMY - FINANCE - BUSINESS / (ae) banking
New forms of bonus worrying Barnier

Brussels, 08/09/2014 (Agence Europe) - The Commissioner for the Internal Market, Michel Barnier, has repeated his deep concern about the trend displayed by certain banks in the way they are paying their directors financial bonuses that are swelling their normal fixed salaries.

According to AFP, in a written communication to the European Banking Authority (EBA) last week, the Commissioner explained that this practice is observed in countries like the United Kingdom, which allows financial...