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Europe Daily Bulletin No. 11521

31 March 2016
Contents Publication in full By article 1 / 25
ECONOMY - FINANCE
(AE) BANKS: Bonus cap changes remuneration practices

Brussels, 30/03/2016 (Agence Europe) - The introduction, in 2014, of the bonus cap has shifted the balance in the remuneration of senior banking officials in favour of the fixed part of the salary, the European Banking Authority (EBA) notes in a report published on Wednesday 30 March.

The average ratio between the variable and the fixed part of remuneration paid to senior bank staff earning at least €1 million fell from 317% in 2013 to 127% in 2014, according to the EBA. At the same time,...

Contents

ECONOMY - FINANCE
SECTORAL POLICIES
EXTERNAL ACTION
INSTITUTIONAL
EDUCATION
NEWS BRIEFS