A round-up of the key stories across the specialist financial media, including news that UK Prime Minister David Cameron has demanded a cap on RBS chief exeuctive Stephen Hester's bonus.
Cameron insists on limit to Hester bonus
David Cameron has insisted that Stephen Hester, CEO of RBS, should receive a bonus of no more than £1 million – half what he received last year – as the UK government attempt to clamp down on executive pay.
President Barack Obama has used his last State of the Union address before the November election to demand higher taxes for millionaires and restrictions on Wall Street.
IMF's Lagarde: combining ESM, EFSF would boost confidence
The IMF’s managing director Christine Lagarde said yesterday that combining the EU’s temporary rescue fund with the permanent stability mechanism would help to boost confidence in the region.