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Subjects / Capital

Newsletter September 2010: Limited progress on pay practices disclosure

Simon Turmaine | September 8, 2010

WASHINGTON – Pay and reward practices at wholesale banks have been significantly improved, but there’s been limited progress in the realm of information disclosure, according to an international survey of banks. “Despite the adoption of some notable best practices among the largest firms, disclosure is an area where progress has been slow,” a September report on the survey says.

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