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Financial bodies call for longer-term incentives regimes

FRANKFURT - The contradiction posed by financial services firms' multibillion-dollar subprime writedowns and their payment of large bonuses to the bankers who repackaged those loans into securitised products is being flagged by regulators as an area of concern.

Various regulators have weighed in on the subject. In a report released in April, Enhancing Market and Institutional Resilience, the

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