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Banker bonus clampdown has potential upside for Russia

Published: 07 September, 2009, 22:22
Edited: 08 September, 2009, 08:30


G 20 Finance ministers have thrown their support behind tighter regulation of banker's pay. That has a possible upside for Russian banks.

 
1 COMMENT
Count Cash September 08, 2009, 07:55 quote
0

Now people are starting to work out that Russia needs a differentiated brand offering from the west. We are one of the few countries with the political and military strength to determine our own destiny. We need utilise this strength to create competitive advantage in terms of banking, tax advantages... backed by our nuclear guarantee. Why can't Swiss banks store all their data here or operate from here? I assure you we have a simple answer to any foreign authorities. Nice to be strong!

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