Hedge Fund News From HedgeCo.Net

European Parliament Set to Soften Fund Manager Pay Curbs: Lawmaker

Reuters – European lawmakers are likely to shy away from demanding strict bonus curbs on fund managers, a leading lawmaker said on Tuesday [July 2], as doubts grow about replicating planned caps on bankers’ pay.

The move to cap bank bonuses bolstered the legislature’s standing among European citizens who blamed a bonus-driven banking culture for the reckless risk-taking that ultimately triggered the global financial crisis.

Read Complete Article

Related Posts Plugin for WordPress, Blogger...
This entry was posted in Syndicated. Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>