Brussels to ask bankers the €1m question

Author (Person)
Series Title
Series Details 25.7.11
Publication Date 25/07/2011
Content Type

Banks in Europe will be required to disclose more information about the number of their employees earning more than €1m under proposals put forward by the European Commission in January 2011.

The idea was included in wide-ranging proposals put forward by EU officials in Brussels on the 20 July 2011 as part of the draft plan to overhaul regulation in the banking sector.

Related Link(s)
ESO: Background information: European banks warned to curb bonuses
ESO: Background information: Brussels unveils tough bank capital rules

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