European Union leaders are to urge the threat of "sanctions" for banks that pay excessive bonuses.
They will also urge the Group of 20 (G20) richest nations to maintain stimulus spending that has prompted some signs of global recovery, the BBC says. Many countries in the EU want to regulate how bonuses are paid at banks, blamed for helping to case the crisis. The US and UK have rejected calls for mandatory caps on bonuses - to be discussed at the G20 talks next week. Full story...
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