US regulators mulling bid to limit bonuses for Wall Street execs, WSJ reports (Reuters) -U.S. banking regulators are planning to revive a proposal that would require big banks to defer executive compensation and claw back more of their bonuses if losses pile up, the Wall Street Journal reported on Friday. Six agencies, including the Federal Deposit Insurance Corp (FDIC) and the Office of the Comptroller of the Currency (OCC), are involved in developing the plan, the report said, adding that the measure could be proposed in the coming days. The Federal Reserve is not involved in drafting the proposal, the report said. Executive pay on Wall Street has long been a hot-button issue, with critics pushing for restrictions and arguing for more stringent clawback provisions. The FDIC, the OCC and the Fed declined to comment on the report, when contacted by Reuters. (Reporting by Niket Nishant in Bengaluru; Editing by Devika Syamnath) « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts GOLD – We need to talk about China… READ MORE The Largest Gold Reserves by Country Visualized READ MORE Oil Sinks to Monthly Low as Waning War Risks Foster Uneasy Calm READ MORE Analysts Predict Brighter Prospects For Gold Ahead in 2024 READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment