Financial Times FT.com

Plan to unveil City high-flyers’ pay

By George Parker, Political Editor

Published: July 15 2009 23:45 | Last updated: July 15 2009 23:45

The pay and bonuses of hundreds of high-flying City traders and dealmakers will have to be publicly disclosed under a Treasury-backed plan to curb excessive and risky remuneration.

Alistair Darling, chancellor, wants banks to be more transparent about what they pay their top earners to expose them to more scrutiny from the media, public and shareholders.

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