Breakingviews: Banks risk provoking EU with bonus get-arounds | Business Information & News | Westlaw

Breakingviews: Banks risk provoking EU with bonus get-arounds | Business Information & News | Westlaw

View on Westlaw or start a FREE TRIAL today, Breakingviews: Banks risk provoking EU with bonus get-arounds, Business Information & News
9/2/14 REUTERS 11:32:29
REUTERS
Copyright © 2014 Thomson Reuters
September 2, 2014
Breakingviews: Banks risk provoking EU with bonus get-arounds
Dominic Elliott
LONDON (Reuters Breakingviews) - Investment banks that are too successful in mitigating the impact of Europe's new bonus curbs could be setting up another fight over pay. Most big banks are now paying so-called allowances to circumvent European Union...
---- Index References ----
Company: BANK OF AMERICA CORP; ROYAL BANK OF SCOTLAND GROUP PLC (THE); HSBC HOLDINGS PLC; BARCLAYS PLC; GOLDMAN SACHS GROUP INC (THE); CITIGROUP INC
News Subject: (European Union (1EU94); Compensation (1CO80); Investment Banking (1IN86); Business Management (1BU42); Major Corporations (1MA93); HR & Labor Management (1HR87); World Organizations (1IN77))
Industry: (Investment Banks (1IN03); Banking (1BA20); Investment Management (1IN34); Financial Services (1FI37))
Region: (Europe (1EU83); Eurozone Countries (1EU86); Western Europe (1WE41); Belgium (1BE51))
Language: EN
Other Indexing: (Regis Duvignau)
Keywords: banking (MCC:f); (N2:US); (N2:AMERS); (N2:USA); (MCCL:OEC)
Word Count: 518
End of Document© 2023 Thomson Reuters. No claim to original U.S. Government Works.