The EU is poised to cap bonuses tq 100% of a banker's annual salary or to 200% if shareholders approve, across the 27-nation trading bloc. Under the proposed rule changes, the higher two-to-one ratio would require votes of at least 65% of shareholders owning half the shares represented or 75% of shareholders in total.The proposed cap was agreed on February 28 between members of the European Parliament, the European Commission and representatives of all the governments. A formal vote will take place on March 21.
展开▼
