Published: Mar 18, 2026, 11:00 IST | Updated: Mar 18, 2026, 11:00 IST
China’s financial sector is undergoing a major compensation overhaul, with senior bankers at state-backed firms preparing for bonus cuts of at least 30 per cent.
The move comes as Beijing tightens control over its $69 trillion financial industry, amid fewer deals and growing pressure within the sector.
The changes reflect broader efforts to reshape compensation structures and rein in excesses in China’s banking system.