German banks too slow to cap bonuses, says watchdog

Germany's banks have made little progress on efforts to curb bonuses of top managers ahead of new European rules designed to control the type of risky behaviour that fuelled the financial crisis, the country's financial watchdog Bafin said on 13 January 2014.

ESO: Background information: EU to approve new banking rules including bonus cap http://www.europeansources.info/record/eu-tightens-up-bank-lending-rules-and-bonuses/

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