Under the terms of the new deal, which is subject to qualified majority voting, bankers' bonuses will be limited to a maximum of one year's base salary, or twice the salary if a large majority of shareholders agree.
It comes as part of a financial reform package, including the introduction of higher capital requirements for banks, intended to prevent a repeat of the financial crash of 2008.
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The comments are the latest twist in the row between the US and EU countries including Britain over trade tariffs.
St Paul’s Girls’ School in London was criticised by a former pupil over the exercise, which resulted in money going to charities.
‘They kept overtaking each other, so maybe the match will be closer than we expect,’ said Richard Nicholson, of Cannon Hall Farm, near Barns