France lunges for bankers' pay

Regulations are tightened for nation's lenders ahead of G20 gathering

French Finance Minister Christine Lagarde unveiled plans for tougher regulation of bankers' pay, aiming to make the issue a priority for the Group of 20 leading economies at their meeting in Scotland this weekend.

Lagarde on Thursday said the rules for French banks - which include a stipulation that banks publish some details of employee bonuses annually - will apply both at home and abroad.

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