SINGAPORE: Authorities may need powers to regulate the fixed pay of bankers as well as their bonuses, the Bank of England governor said Monday amid concern the current pay regime does not deter misbehaviour. In the latest scandal to hit the sector, six global banking giants were slapped with $4.2 billion in fines last week for trying to manipulate foreign exchange markets. “The succession of scandals means it is simply untenable to argue that the problem is one of a few bad apples,” Mark Carney said in a lecture in Singapore organised by the city-state’s central bank, the Monetary Authority of Singapore. “Standards may need to be developed to put non-bonus or fixed pay at risk,” he added.