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UK bank boards, top execs may ask for fatter pay

It's to compensate them for their new burdens brought on by tighter rules
Thursday, February 19, 2015 - 05:50
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CASE OVER: Charles Schwab has settled a case in which New York state accused it of promoting auction-rate securities as safe.

New Jersey

UK banks face paying their board members and top executives more, as regulators strengthen rules that hold individuals to account for malfeasance that occurs on their watch.

The Prudential Regulation Authority and the Financial Conduct Authority will issue new