China Bankers Face Few Deals & Arrest Fears | World Business Watch
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.
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