MPs to probe how big banks are run

LONDON (Reuters) - MPs will probe how to improve the way big banks are run and set top pay after past attempts to strengthen corporate governance have had mixed results in constraining bonuses or controlling excessive risk taking. Andrew Tyrie, Conservative chairman of the Parliament's treasury select committee, said there had been progress in improving the running of banks but there was "still work to do" when it came to the boards of the country's systemically important lenders. ...