Bank panel to present bonus plan at G-20

The Financial Stability Board will recommend to world leaders that banks with low levels of capital should limit bonuses to discourage the excessive risk-taking many see as a cause of the financial crisis.

"It's important that firms conserve profits so they can rebuild capital and support lending," Mario Draghi, chairman of the FSB, said at a news conference Tuesday after the group met. "We will have a link between a bank's total bonus pool and the firm's overall performance."

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Jamie Dimon Says Private Credit Is Dangerous—and He Wants JPMorgan to Get In on ItExternal link

Jamie Dimon Says Private Credit Is Dangerous—and He Wants JPMorgan to Get In on It