PPI banks unsure on bonus repayments - papers

The banks are considering whether to invoke clawback powers on executives who oversaw retail operations during the scandal, the Mail reported. However, several of the banks may not have had the clauses in place during much of the mis-selling, meaning they may end up fighting the matter in the courts. Read more here Lagarde set to replace Strauss-Kahn at IMF French finance minister Christine Lagarde has emerged as the favourite to replace Dominique Strauss-Kahn as managing director of the International Monetary Fund. She has been declared the "outstanding candidate" by George O...