Bonus questions loom following calls for caution

By Jasper Cox
09 Dec 2020

Investment bankers have piled up heaps of revenue for their firms this year, but their employers may feel the need not to be too generous with bonuses in the first few months of next year.

"There's a lot of pressure generally on banks not to pay big bonuses," said Paula Chan, a partner at BDBF, a London-based employment law specialist.

A key source of pressure is the Covid-19 pandemic and economic crisis. Regulators have wanted banks to preserve capital in order to continue ...

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