Senior UK bankers will get bonuses years earlier under plan to relax rules
by Julia Kollewe from on (#6SGMS)
PRA and FCA propose changes to bonus deferrals in bid to drive growth and improve UK competitiveness
Senior UK bankers will receive their bonuses years earlier under plans by the Bank of England to relax post-financial crisis restrictions.
The proposals are to reduce the bonus deferral period for some of the most senior bankers from eight years to five .
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