Swiss vote for corporate pay curbs

Swiss vote for corporate pay curbs

Referendum sees shareholders given binding say; Golden hellos and goodbyes banned; annual re-elections for directors; criminal sanctions for non-compliance

Commerzbank prepares bonus appeal

Commerzbank prepares bonus appeal

Earlier ruling means the bank has to pay about €50m to 104 bankers who say they were promised bonuses but awarded a tenth of those pledged

Defiant Siemens chief comes out fighting

Defiant Siemens chief comes out fighting

Peter Löscher is recovering his poise after a difficult year at the group which has shaken investor confidence in the engineering group and has come out fighting

Cyprus banks hit by ‘substantial outflows'

Cyprus banks hit by ‘substantial outflows'

Depositors spooked by speculation on forced losses, says minister who pledges to fight radical rescue options that would be ‘fatal blow' to confidence
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