Global call to connect executive pay to risk


GLOBAL - The international effort to stabilise the banking system, which in some countries has led to the part nationalisation of some of the world's largest banks, has resulted in a worldwide call for curbs on 'excessive' executive pay at financial institutions.

The headlines on executive pay at banks highlight the political pressure mounting as a result of the government bail-outs and part-nationalisations over the past few weeks. This was most vividly seen in the US when the first draft of

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