The US FED is working on fixing the upper limit for various management levels of the banks in US, as part of the measure to curb the growing menace. The US banks had got billions of dollars of taxpayers money as bailout package, and still most of the banks have paid bonuses to their management equal or more than 10% of the bailout money.
Also the US FED is convinced that the incentive system has been the key force behind the reckless risks the banks have been taking in the last few years. Curbing of bonus might go a long way in pushing the banks to avoid taking excess risks at the cost of taxpayers.