Standard Chartered pulls out of govt bonus talks - papers

While other institutions, including Barclays and RBS, are close to a deal with authorities, Standard Chartered still plans to increase bonus payments, the Telegraph reports. A spokesman for Standard Chartered says: "We do not want to be in a position where we're having to treat our UK staff differently. The reality is that 97% of our staff are overseas and more than 90% of our profits come from outside the UK." Read more here European leaders clash over further bailouts The possibility of committing further funds to bail out struggling nations is splitting leaders across Europe. ...