France's Sarkozy says no G20 deal on bonuses yet

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French President Nicolas Sarkozy addresses the Summit on Climate Change at the United Nations headquarters in New York September 22, 2009. REUTERS/Mike Segar

French President Nicolas Sarkozy addresses the Summit on Climate Change at the United Nations headquarters in New York September 22, 2009.

Credit: Reuters/Mike Segar

PARIS | Wed Sep 23, 2009 2:21pm EDT

PARIS (Reuters) - Leaders of the Group of 20 nations have not yet reached an agreement on limiting bank bonuses ahead of the G20 summit on Thursday, French President Nicolas Sarkozy said on Wednesday.

Asked in a television interview from New York whether an agreement had been reached, he said: "Not yet."

He added: "We clearly want a ceiling on the amount of bonuses, for example, as a percentage of their revenues, as a part of their capital, and that's what we're talking about at this moment."

(Writing by James Mackenzie; editing by Crispian Balmer)

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