The Financial Services Authority (FSA) is warning banks that bonuses are not to be paid out until it confirms that the firm is in a strong enough financial position to do so, it has been reported today (January 6th). Chief executive officer of the regulator Hector Sants has already met with a number of bank bosses to remind them that bonus and dividend payments can only be paid out once the watchdog has approved the institution’s financial standing, Sky News exclusively revealed...Read more here--: Bank bonuses to be ‘stifled’ by FSA