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G-20

French President Nicolas Sarkozy (L) speaks next to French Economy Minister Christine Lagarde (R) during a press conference after a meeting with French bank executives over bonuses, on August 25, 2009 at the Elysee presidential Palace, in Paris, as he sought to position himself as a champion of greater market regulation ahead of next month's G20 summit. French banks agreed to adopt a system of performance-linked pay with both bonuses and penalties for traders, France's banking federation said, following talks with Sarkozy.

Newsday's coverage

  • G-20 countries pledge stronger efforts

    Chairman Ben Bernanke . The discussions were led by Russian Finance Minister Anton Siluanov whose country is leading the G-20 this year.The G-20 joint statement singled out the recent aggressive credit-easing moves pushed by Japanese Prime Minister Shinzo   Read more »

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