Paris presses G20 heads on bank bonuses

Article reports that the French government is proposing three options for capping bankers’ bonuses, including a targeted tax and a mandatory limit on rewards as a share of profit, which it wants Group of 20 leaders to discuss at their summit in Pittsburgh, 24-25 September 2009.

France24, 2.9.09: Finance ministers support bonus caps despite UK hesitations http://www.france24.com/en/20090902-finance-ministers-support-caps-banker-bonuses-despite-hesitations-great-britain-eu-brussels

ESO: Background information: Sarkozy tightens bank bonus rules http://www.europeansources.info/record/sarkozy-tightens-bank-bonus-rules/

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