Brian Griffiths, Baron Griffiths of Fforestfach
He defended the bank’s bonuses, Griffiths said the general public should “tolerate the inequality as a way to achieve greater prosperity …
EU Parliament agrees bank bonus caps – economy
http://www.euronews.com/ The European Parliament has voted in favour of capping bankers’ bonuses. It is part of a wide-ranging new financial reform law under…
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from eeer1983, 5 months ago in
Britain Files Complaint Against EU Bank Bonus Cap
TIME, on Wed, 25 Sep 2013 08:33:05 -0700
(BRUSSELS) — Europe's top court says Britain has filed a complaint against the bloc's planned cap on bankers' bonuses. The European Court of Justice in Luxembourg said Wednesday the complaint filed by Britain's finance ministry was received on Friday.
UK launches court challenge against EU bank bonus … – EU Observer
http://euobserver.com/24/115758
The UK launched a legal challenge to EU rules capping bank bonuses on Wednesday, claiming that limits on pay would do nothing to make the financial sector safer.