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NMR Nova Ltd

193.00
-3.00 (-1.53%)
31 May 2024 - Closed
Realtime Data
Share Name Share Symbol Market Type
Nova Ltd TG:NMR Tradegate Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -3.00 -1.53% 193.00 192.00 193.00 0.00 22:50:10

UK Government Says International Banks Agree On Tougher Bonus Rules

14/10/2009 4:50pm

Dow Jones News


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The U.K. government Wednesday said 11 international banks have agreed to implement early new remuneration rules set by the U.K.'s financial regulator.

Under the agreement, the banks will apply the new rules on bonuses paid out based on their performances in 2009.

The banks are Citigroup Inc. (C) and Goldman Sachs Group Inc. (GS), JPMorgan Chase & Co. (JPM), Deutsche Bank AG (DB), Nomura Holdings Inc. (NMR), UBS AG (UBS), Morgan Stanley (MS), Bank of America-Merrill Lynch (BAC), BNP Paribas SA (BNP.FR), Credit Suisse Group AG (CS) and Societe Generale SA (GLE.FR).

U.K.'s five largest banks: Barclays PLC (BCS), Standard Chartered PLC (STAN.LN), Lloyds Banking Group PLC (LYG), Royal Bank of Scotland Group PLC (RBS) and HSBC Holdings PLC (HBC) last month agreed to the same rules.

-By Patricia Kowsmann, Dow Jones Newswires. Tel +44(0)207-842-9295, patricia.kowsmann@dowjones.com

(Laurence Norman contributed to this item.)

 
 

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