UK Bonuses Prove Fairly Lackluster, But Many Dealers Are Still Well-Paid
BANKS
As performance-related bonus handouts remain the most acceptable pay scheme for traders globally, market participants surveyed by FX Week say year-end payments were lower among UK and European banks, in line with year-end performance. However, top performers continue to be well-paid, despite overall performance of the trading desk, they say.
"It's been a tough year for banks globally, particularly for UK banks," says one recruiter in London. "Unlike 1995, there was less money to spread around and
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