News Formal

China's top investment bank cuts base salary by up to 15% -sources

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 66%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

HONG KONG/BEIJING : China's CITIC Securities is cutting pay across its investment banking division, lowering base salaries by up to 15 per cent, sources close to the matter said, in a rare move in the country's financial sector as Beijing pushes to bridge income disparity.The country's top investment bank

HONG KONG/BEIJING : China's CITIC Securities is cutting pay across its investment banking division, lowering base salaries by up to 15 per cent, sources close to the matter said, in a rare move in the country's financial sector as Beijing pushes to bridge income disparity.

The country's top investment bank by market value has also not yet paid bonuses to bankers for work done last year, the two sources said. The bonuses are usually paid out early in the second quarter.CITIC Securities did not immediately respond to a request for comment.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 6. in SE

Sverige Senaste nytt, Sverige Rubriker