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Image header Agence Europe
Europe Daily Bulletin No. 9971
Contents Publication in full By article 18 / 40
GENERAL NEWS / (eu) eu/economy

G20 finance ministers call for international standards on banking remuneration

Brussels, 07/09/2009 (Agence Europe) - In London on Friday 4 and Saturday 5 September, G20 finance ministers and central bankers took stock of moves to tackle the economic crisis and to reform international financial architecture. On the issue of bonuses paid to heads of banks and traders raised by the European side after the Franco-German-British offensive (see EUROPE 9968 and 9969), they agreed to “global standards” on pay structure, including on deferral of payment of remuneration,...

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