Bloomberg News

Russian Central Bank to Adjust Bankers Bonuses, Kommersant Says

June 06, 2012

Russia’s Central Bank plans to change its policy on bankers bonuses to allow it to adjust executive pay if lenders perform badly, Kommersant reported, citing deputy chairman Mikhail Sukhov.

The Central Bank has sent the proposal to amend the existing law to the Finance Ministry, the newspaper said.

To contact the editor responsible for this story: Frank Connelly at fconnelly@bloomberg.net


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