G20 Summit
Draft bank law confirms tougher watchdog powers
LONDON (Reuters) - Britain's financial watchdog will have powers to claw back bank bonuses that breach globally agreed rules on remuneration and force hedge funds to provide data, a draft law published on Thursday showed. Full Article
Financial reform faces carve-up threat
LONDON (Reuters) - The Conservative Party said it would ditch the core of a financial sector reform bill if it wins power next year, but lawyers expect other parts such as curbs on bankers' pay would be introduced. Full Article
Darling says stimulus stays
G20 policymakers are agreed that it is too early to pull the plug on economic life-support packages, Chancellor Alistair Darling tells Reuters. Full Article
