Monday, December 17, 2012

Hong Kong may have its own way around bankers' bonus caps





To most people, Christmas means presents. But to the banking industry, this Christmas may be more about Scrooge than Santa, warnings than gifts.


Last week, the European Union surprised the world by saying EU-based bankers' bonuses may be capped at two times their base salaries once a new regulation is passed.









via Business feed http://www.scmp.com/business/article/1106942/hong-kong-may-have-its-own-way-around-bankers-bonus-caps

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