EU banker bonus cap likely to affect in 10

As Europe looks forward to the EU cap on investment bankers? bonuses, due next year, one salary data firm has looked at the impact it would have had if already in force.Emolument.com examined salary and bonus data from more than 1,100 directors and managing directors working in investment banking and markets across Europe and found one in 10 currently breaches the proposed maximum bonus of two times salary, based on their most recent year?s bonus.

This article was published in Financial Times, 28th November 2013