Carney favours rules to regulate bankers' fixed pay


REGULATORS may need to look at new rules to control the fixed pay of bankers as well as their bonuses so that it can be clawed back in the event of wrongdoing, the governor of the Bank of England (BOE) said on Monday.

Developed economies have brought in a series of reforms to financial sector...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to