European Union: PwC

PwC: The European Banking Authority will next week for the first time put a number on where it would like its planned bonus cap to start and PwC said in a statement that the threshold would be set at 500,000. More Related to this Story, according to Globe and Mail. Bank of England offers ray of hope for U.K. economy European Union officials will next week propose capping financial sector pay above 500,000 $659,000 , accountancy firm PricewaterhouseCoopers PwC said on Friday, suggesting the worlds most stringent curbs for the industry will affect far more bankers than previous rules. Vatican Bank targets transparency with yearly report, website (www.immigrantscanada.com). As reported in the news.