Netherlands: bankers propose limiting their bonus to one year’s pay

Publication

10 September 2009 à 07h00

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2 minutes

Publication: 10 September 2009 à 07h00

Reading time: 2 minutes

Publication

10 September 2009 à 07h00

Reading time

2 minutes

Publication: 10 September 2009 à 07h00

Reading time: 2 minutes

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ks (NVB) presented a spontaneous and non-binding code of conduct on September 9 in Amsterdam to limit administrators’ premiums to one year’s pay. This symbolic progress doesn’t take account of traders’ remuneration. (Ref. 090823)

Dutch bankers are setting an example. The Het Financieele Dagblad economic newspaper said that the code of good behavior developed by their association in cooperation with the Finance Ministry showed real progress. “This has never been made in the world” rejoiced Finan

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