Wealth and Asset Management
Goldman Sachs to cut bankers' pay
Goldman Sachs is cutting the pay of hundreds of its London bankers. The bank, which ratcheted up basic pay in 2009 to avoid the Labour government's bank bonuses tax, has invoked a clause in its investment bankers' contracts to bring it back down. Two years ago, Goldman, which employs 5,500…
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Click here to read the full story: The Guardian