Financial Regulatory Forum

EU ministers pledge to end banker bonus party

Sweden's Finance Minister Anders Borg addresses a news conference during an European Union finance ministers meeting in Brussels September 2, 2009.     REUTERS/Francois Lenoir By Anna Willard
BRUSSELS, Sept 2 (Reuters) – European finance ministers pledged on Wednesday to clamp down on banker bonuses, raising the prospect of spreading such payouts over years or demanding back money if business turns sour.

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U.S. “buy local” push criticized at Asia-Pacific trade talks

Thailand's Commerce Minister Porntiva Nakasai SINGAPORE, July 21 (Reuters) – Asia-Pacific nations agreed on Tuesday to shun protectionist measures after some criticised the United States and other developed world “buy local” campaigns at a meeting pushing forward momentum towards a global trade pact. (more…)

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