We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

The cap fits

11 Jul 2013 By George Hay

The EU Commission’s forthcoming reform of state aid for failed banks will cap remuneration at lenders requiring taxpayer injections. Bankers will squeal. Yet compared to well-intentioned but flawed moves to cap their bonuses, the incentives are better aligned.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)