Fed Preparing to Step Up Regulation of Banks' Pay

The Federal Reserve is moving to restrict compensation practices at the nation's banks, expanding its regulatory reach to oversee how tens of thousands of bank employees ranging from chief executives to loan officers are paid. Full Story »

Posted by Derek Hawkins - via Google News (Business), Washington Post
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Posted by: via Google News - Sep 18, 2009 - 12:15 PM PDT
Content Type: Article
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Edited by: Samuel W. Velsor IV - Sep 19, 2009 - 5:07 PM PDT

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3.8
by Derek Hawkins - Sep. 19, 2009
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3.5
by David Fox - Sep. 19, 2009
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3.6
by Fabrice Florin - Sep. 19, 2009
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4.5
by Samuel W. Velsor IV - Sep. 19, 2009

I think that the regulations need to go far beyond the largest banks, when you consider the total dollars when added together that the smaller banks ... More »

Other parts of the government are also addressing pay at financial firms. The Treasury Department is looking to prevent multimillion-dollar bonuses at firms that received ... More »

See Full Review » (12 answers)

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    Global leaders meeting at the Group of 20 summit in Pittsburgh next week are moving toward a compromise on compensation rules that fall short of the political rhetoric ...
    Posted by Derek Hawkins
    3.8
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    European Union leaders have called on the US and other G20 governments to impose binding rules on bankers’ bonuses, backed up by sanctions if necessary, when they meet in ...
    3.3