Bankers threaten to move abroad over bonuses - papers

Anger about the FSA's strict implementation of the G20 code on pay follows the Treasury's decision to impose a bank tax unilaterally, and has raised questions about whether the UK is the right place to be headquartered, reports the Telegraph. Bankers claim the FSA is the only regulator to be enforcing the bonus rules for domestic banks' international operations, making it difficult to compete in foreign territories. Read more   A NATWEST BANKER claims he was 'tortured' into pleading guilty over theft of $7.3m from RBS. Two of the "NatWest Three" bankers convicted in the US of s...