Reuters Breakingviews delivers agenda-setting financial insight. Its global correspondents react to stories as they develop, delivering sharp and provocative commentary on big financial news as it breaks.
Risk-addicted bankers in Germany could soon face a new occupational hazard: jail. Angela Merkel’s government is pushing for a bill that will make it easier to put failed bankers behind bars. The proposed legislation targets excessive risk-taking by financial professionals who neglect their duty of care and endanger the future of their institution: they would be committing a criminal offence and could face up to five years in jail.