Brussels studies bank bonuses and state aid

Saturday 12 September 2009 00:00 BST
Comments

European regulators are to take a closer look at bonuses paid to executives at state-aided banks.

"One element we pay attention to [when considering state aid] is the remuneration incentive structure ... to verify whether it promotes the beneficiary's long-term profitability," said the EC Competition Commissioner, Neelie Kroes. Eurozone banks have received billions of euros in state aid since the credit crisis worsened in late 2008.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in