BBCNEWS BBC News June 4, 2024 21:24:00
Financial issues can be resolved which we didn't have before, but on that basis, we also want to make sure that they can compete with other financial centres, whether it's the united states or asia. among 30 reforms announced today were plans to reconsider which banks really need to separate or ring—fence their retail operations from their riskier investment divisions, review rules on approving or punishing individual senior executives which have delayed or scared off hires from abroad, and these reforms come on top of measures already announced to scrap an eu—wide cap on bankers' bonuses ...