You can now read 10 articles in a month for free on Read as much as you want anywhere and anytime for just 99¢.

The Boston Globe


EU moving to cap banker bonuses

BRUSSELS — The European Union moved a step closer Thursday to imposing strict curbs on bonus pay for bankers, which has been blamed by politicians for inciting the risk-taking behavior that triggered the financial crisis.

A provisional agreement between the European Parliament, European Commission, and national representatives could mean bonuses will be capped at the level of annual salaries starting next year.

Loading comments...

You have reached the limit of 10 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week