French banks warned to curb bonuses

The French government on the 6 August 2009 demanded that France’s banks respect their promises to curb excessive bonuses as ministers tried to quell a furore over bankers’ pay.

ESO: Background information: Lagarde hits out at bankers’ bonuses http://www.europeansources.info/record/lagarde-hits-out-at-bankers-bonuses/

ESO: Background information: Sarkozy to restrict traders’ rewards http://www.europeansources.info/record/sarkozy-to-restrict-traders-rewards/

France24, 5.8.09: BNP Paribas to dole out one billion euros in bonuses http://www.france24.com/en/20090805-bnp-paribas-dole-out-1-billion-euros-2009-bonuses-banking-france-crisis

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