CLSA's new deal

Difficult markets produce tough choices. CLSA has come up with an innovative new salary structure for its staff.

Rumours began to circulate at the weekend about a massive staff meeting at CLSA on Friday afternoon. At this meeting, the investment bank's management presented a new pay formula. The exact nature of the pay formula began leaking out, but suffered from a classic case of Chinese whispers changing slightly with every mouth the rumour passed through.

However, FinanceAsia has pieced together the details of the new package which from the perspective of running a business and...

To continue reading, please login or register for free

Click for more on: clsas | deal

Print Edition

FinanceAsia Print Edition