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Empresas y finanzas

Banks should tie more employees pay to risk: Fed


    WASHINGTON (Reuters) - Large banks need to tie more employees' compensation to the risk their decisions pose to the bank through such things as deferred pay, the Federal Reserve said in a report released on Wednesday.

    The Fed said, however, that banks continue to make progress toward better aligning compensation and risk-taking.

    (Reporting by Dave Clarke, Editing by Dave Zimmerman)