Over Half of Europe’s Bankers Bypass the EU Bonus Cap

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“This is an attempt to knock London off its perch,” declared the colourful Conservative mayor, Boris Johnson. “We’re not going to let it happen.” And that, in effect, is how the political game over the European Union’s cap on bankers’ bonuses has played out so far, after 18 months of rhetoric, legal argument and financial ingenuity.…

Over Half of Europe’s Bankers Bypass the EU Bonus Cap

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