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Subjects / Resolution and Recovery

Newsletter Mar 2008: Bankers\' pay on critics\' reform agenda

Simon Turmaine | March 22, 2008

LONDON – With the IMF warning governments they may have to use taxpayer money to shore up the financial system as the credit crisis deepens, leading bankers are acknowledging the need for guidelines on pay and bonuses in the financial sector, if only as a sop to fast-growing political hostility to the industry.

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