During the financial crisis, many U.S. financial institutions chafed when regulators and lawmakers pushed for tighter restrictions on compensation and bonuses. Stricter limits, they said, would result in a loss of talent to foreign rivals willing to pay up.
During the financial crisis, many U.S. financial institutions chafed when regulators and lawmakers pushed for tighter restrictions on compensation and bonuses. Stricter limits, they said, would result in a loss of talent to foreign rivals willing to pay up.