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MEPs approve despotic reward boundary for bankers

The European Parliament permitted reward restrictions as partial of a wider intrigue forcing banks to boost liquidity and set aside some-more income to give additional assistance to tiny businesses – delivering a toughest EU banking manners so distant in a “banking union” ruling 8,200 banks in 27 countries.

UK antithesis unsuccessful to stop a understanding between EU governments final month to top bonuses during a limit of twice their annual salaries. With a law in force usually from a start of subsequent year, however, it will not request to 2013 bonuses.

Chancellor George Osborne had warned a pierce would expostulate banking business

Article source: http://rss.feedsportal.com/c/266/f/3503/s/2acb7d1e/l/0L0Sindependent0O0Cnews0Cworld0Ceurope0Cmeps0Eapprove0Estrict0Ebonus0Elimits0Efor0Ebankers0E85756890Bhtml/story01.htm

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