Summary
THE Financial Services Authority was last night accused of capitulation after it watered down key proposals to rein in bankers' pay.
The City watchdog dropped previous proposals on deferring bonuses as well as linking payouts to a bank's overall performance, downgrading them to simply guidance.See the full content of this document
Extract
Fsa Accused of Failing to Rein in Bankers' Pay
LibDem Vince Cable said the wa...
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