Bankers' shrinking pay packages

Investment banks are grappling with higher fixed costs as a result of an increase in base salaries, and are being forced to lay off staff.

Bankers' shrinking pay packages

With culls taking place across the street, it is a brave new world for out-of-work bankers. But beneath the headline numbers, there have been meaningful changes to pay packages, which have contributed to the predicament that many investment banks now find themselves in high fixed costs combined with slowing deal flow.

“Post-2008, there has been a material shift in investment banking compensation, principally as a result of the backlash from governments and regulators in respect...

To continue reading, please login or register for free

Click for more on: simon roberts | pay | layoffs

Print Edition

FinanceAsia Print Edition


  • 2nd Compliance Summit Southeast Asia

    17 August 2017  |  Singapore
    The 2017 Compliance Summit Southeast Asia will take an in-depth look at the key compliance considerations today with a focus on regulation and new ...