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Carney Hints at Scrapping Banker Bonus Cap After Brexit

  • Mark Carney says the U.K. will review a number of rules
  • Says bonus cap is among a number of rules not neccesary
A woman looks out onto the City of London skyline from the Canary Wharf business, financial and shopping district of London, U.K.
A woman looks out onto the City of London skyline from the Canary Wharf business, financial and shopping district of London, U.K.Photographer: Simon Dawson
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Bank of England Governor Mark Carney indicated the U.K. will review a cap on banker bonuses after Britain leaves the European Union.

The U.K. will re-examine a number of rules, while seeking to maintain a high level of standards applied to the financial services industry, Carney said in response to questions at an event in London on Wednesday.