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Basel II

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World Leaders Commit to Rein in Financial Bonuses

Original publication date: 
Thursday, September 24, 2009 (All day)

The leaders of 20 of the world's biggest economies committed to a laundry list of executive pay reforms for financial firms, including limiting bonuses to a portion of total net revenues and linking them tightly to share prices. But don't count on sweeping mandates from regulators just yet.

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