Under the deal agreed with the European parliament, bonuses bankers may get as l

The European Union has agreed a deal placing new limits on bankers’ bonuses from next year. (6) Under a deal agreed with the European Parliament, bankers will receive no more than 30% of their bonus immediately and in cash, or 20% for larger bonuses. The remaining bonus payments will be delayed and linked to long-term performance, with 50% paid in shares. Hedge funds will also be covered by the new rules, reporters have learned. That will place the pay of hedge fund managers in the City of London under regulation for the first time, the BBC’s business editor Robert Piston said. "The new rules won’t make a big difference to bankers based in London," he said.