Brussels, 10/09/2014 (Agence Europe) - The S&D group at the European Parliament will not endorse the future Commissioner for Financial Services, British Conservative, Jonathan Hill, if the latter does not unreservedly speak in favour of respecting European rules to limit bonuses.
The president of the S&D group at the European Parliament, Gianni Pittella, from Italy, stated: “We will not accept any backsliding on curbing bonuses. Major banks using allowances to side-step the cap is a...