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G20 agrees new rules on pay and bonuses: British PM

The G20 summit in London has agreed "new rules on pay and bonuses" after a day of negotiations, British Prime Minister Gordon Brown said on Thursday.

Updated on: Apr 2, 2009, 21:35:59 IST
AP | By , London
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The G20 summit in London has agreed "new rules on pay and bonuses" after a day of negotiations, British Prime Minister Gordon Brown said on Thursday.

HT Image
HT Image

A risk-taking bonus culture among bankers has been linked by some world leaders, including Brown, to last year's credit crunch which triggered the world financial crisis that the G20 summit is trying to tackle.

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