[G20 summit agenda] Bank compensation reform to help global stability

The following is the 10th in a series of articles analyzing the major problems that the G20 leaders should tackle to stabilize the global financial markets and rebalance the world economy.


Prior to the global financial crisis, the short-term compensation practice by major financial institutions resulted in excessive risk-taking behavior and contributed to the crisis. Some financial institutions were criticized for paying out bonuses while they were accepti