Some senior bankers at Chinas state-backed financial firms are bracing for bonus cuts of at least 30% as Beijing intensifies a sweeping remuneration reform across its $69 trillion financial sector. … [+375 chars]
Source: Bloomberg
Business
China State Bankers Face 30% Bonus Cuts as Pay Reform Deepens
Some senior bankers at China’s state-backed financial firms are bracing for bonus cuts of at least 30% as Beijing intensifies a sweeping remuneration reform across its $69 trillion financial sector.
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