Moves in Brief, October 2, 2009

01 Oct 2009

UK banks bow to G20 pressure on bonuses

The UK’s five largest banks said this week that they would comply with the remuneration principles agreed last week by the G20 heads of state.

Barclays, HSBC, Lloyds, RBS and Standard Chartered committed to applying the FSA’s remuneration principles, due to come ...

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