Regulator offers concession on pay disclosure

Europe's banks won some limited concessions from regulators as they come to terms with a new regime for disclosing and limiting the pay of their top staff

Europe's banks won some limited concessions from regulators as they come to terms with a new regime for disclosing and limiting the pay of their top staff.

The European Banking Authority Friday published its final rules on how banks should identify their "material risk-takers," who are traditionally also the highest earners.

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