CICC to Cut Investment Bankers’ Base Pay by 25%, Reuters Reports

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 50%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

China International Capital Corp. is slashing onshore investment bankers’ base salary by as much as 25% to trim costs, according to Reuters.

Powell Is Poised to Keep Fed on Higher-for-Longer PathFed Repricing Gives Rise to New Equities Playbook in AsiaThailand Picks Capital Markets Veteran Pichai as Finance ChiefKenya’s Ruto Lauds Zimbabwe’s ZiG as Boost to Economic ProspectsGermany Mulls Scaling Back Scrutiny of Chinese Investments: WSJVanke Slams Moody’s Downgrade, Citing Shareholder SupportNext US LNG Export Plant Aims to Begin Production in Mid-2024Russia, Ukraine Exchange Strikes on Refinery and Gas TargetsBHP to Consider...

6% pace, reflecting an economy pressured by high ratesWhat is changing about Canada's capital gains tax and how does it impact me?Poll suggests half of Canadians have negative opinion of latest Liberal budgetMark Wiseman: Canadians 'got to start talking about' lagging productivityTourism operators face heavy debt, even as business roars backPerceived job security in Canada falls to lowest since COVID-19Ottawa puts up $50M in federal budget to hedge against job-stealing AIAs...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 83. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Australia Australia Latest News, Australia Australia Headlines