Similar Stories to Banks Should Defer Bonuses 10 Years, Tap Them For Fines: Fed Official on Bing News

(Reuters) - Banks should defer bonus payments for 10 years and tap the bonus pool to pay any regulatory fines, a top Federal Reserve official said on Monday, taking aim at continued lapses across the industry even after the 2007-9 financial crisis.

Topics:  reuters    banks   federal reserve   years   tap   fines   official   banks should defer   bonus   
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