Netherlands to probe effect of bankers' pay

The Netherlands Bank is to scrutinise the impact of bankers' bonuses on risk taking, the governor of the institution has said.

Nout Wellink, the governor of the central bank, told Het Financieele Dagblad, a Dutch newspaper: "We will, more than in the past, closely monitor Dutch institutions to see if the remuneration system incites taking big risks."

Bankers' bonuses were, he said, the main cause of the current turmoil.

Wellink's comment echo those of Hector Sants, the chief executive of the

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