UK financial watchdog to investigate bankers' bonuses

The bonus plans of Britain's biggest banks were under the spotlight again today as the City watchdog revealed it was stepping up pressure to curb excessive payouts.

UK financial watchdog to investigate bankers' bonuses

The bonus plans of Britain's biggest banks were under the spotlight again today as the City watchdog revealed it was stepping up pressure to curb excessive payouts.

Hector Sants, chief executive of the Financial Services Authority (FSA), is warning banks that a dim view will be taken if they fail to store up decent levels of cash while paying out hefty bonuses.

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