British Finance Minister Alistair Darling on Thursday issued a statement that the question of the bonuses of bankers should be addressed at the international level and will be discussed at a meeting of G20 finance ministers in September, transmits Reuters.
Banks should be responsible for the wages and bonuses of their employees, and one of the things that worried me is that when you try to intervene with the government, banks say: If you do something here, the Americans, the Swiss or the French will take similar steps against our people.
Therefore, I amsure it requires an international approach to solving the problem. That we'll meet on G20, - said Darling. The financial ministers of the G20 will hold another meeting in London on 4-5 September.
British financial regulator Financial Services Authority (FSA) last week issued a bonus code. One of the key provisions was a proposal at the time FSA bankers to defer the payment of two thirds of the total amount of bonuses and to waive the deferred bonuses in all parts of the company, even profitable, if the entire company will show a loss in the future. FSA proposed to apply these rules not only to British banks, but also to the British legal entities operating within the international financial corporations.
This week, French Finance Minister Christine Lagarde also said the desire to limit the bonuses to bankers, the joint efforts of all governments of leading countries. Big G is to tighten the regulation of compensation of top bank managers, Lagarde said in an interview with radio station France Inter. The Minister is confident that this issue should be one of the key at the September summit of G20. According to her, the need for international efforts to resolve the issue, and thus to prevent a repetition of the current crisis.
Outsiders to the current bid stands banking sector
The index of the Frankfurt Stock Exchange Xetra DAX rose by 58.42 point, the index of the London Stock Exchange FTSE 100 rose 62.98, paragraph
At 16.00 Moscow time the price index value RGBI was 115.85, compared with the closing of Wednesday, he declined to 0.017%
American citizens are not excluded and even expect that the U.S. government may soon take further measures to stimulate the economy in addition to the ongoing plan
The current dynamics and future prospects of a pair of EUR /USD
Fitch: In 2010, probably slow recovery of production in the steel sector of the CIS
In the banking sector today was not a single dynamic, worse than the market here seemed Paper VTB
Quotations RusGidro bit is not performing to their potential for collapse after the accident at the GES, the strong support for the securities is at the level of 1,03 rubles
Relatively high prices for black gold cause lateral movement of the Russian index in the short term
The head of the British Ministry of Finance wants to limit the salaries of bankers at the international level
British Finance Minister Alistair Darling on Thursday issued a statement that the question of the bonuses of bankers should be addressed at the international level and will be discussed at a meeting of G20 finance ministers in September, transmits Reuters.
Banks should be responsible for the wages and bonuses of their employees, and one of the things that worried me is that when you try to intervene with the government, banks say: If you do something here, the Americans, the Swiss or the French will take similar steps against our people.
Therefore, I amsure it requires an international approach to solving the problem. That we'll meet on G20, - said Darling. The financial ministers of the G20 will hold another meeting in London on 4-5 September.
British financial regulator Financial Services Authority (FSA) last week issued a bonus code. One of the key provisions was a proposal at the time FSA bankers to defer the payment of two thirds of the total amount of bonuses and to waive the deferred bonuses in all parts of the company, even profitable, if the entire company will show a loss in the future. FSA proposed to apply these rules not only to British banks, but also to the British legal entities operating within the international financial corporations.
This week, French Finance Minister Christine Lagarde also said the desire to limit the bonuses to bankers, the joint efforts of all governments of leading countries. Big G is to tighten the regulation of compensation of top bank managers, Lagarde said in an interview with radio station France Inter. The Minister is confident that this issue should be one of the key at the September summit of G20. According to her, the need for international efforts to resolve the issue, and thus to prevent a repetition of the current crisis.
Outsiders to the current bid stands banking sector
The index of the Frankfurt Stock Exchange Xetra DAX rose by 58.42 point, the index of the London Stock Exchange FTSE 100 rose 62.98, paragraph
At 16.00 Moscow time the price index value RGBI was 115.85, compared with the closing of Wednesday, he declined to 0.017%
American citizens are not excluded and even expect that the U.S. government may soon take further measures to stimulate the economy in addition to the ongoing plan
The current dynamics and future prospects of a pair of EUR /USD
Fitch: In 2010, probably slow recovery of production in the steel sector of the CIS
In the banking sector today was not a single dynamic, worse than the market here seemed Paper VTB
Quotations RusGidro bit is not performing to their potential for collapse after the accident at the GES, the strong support for the securities is at the level of 1,03 rubles
Relatively high prices for black gold cause lateral movement of the Russian index in the short term