London bankers vs. New York bankers
It's been a tough time for investment bankers around the globe. But at least the New York-based bankers have this going for them: Once again, they are the best paid bankers on the planet. A recent poll from from Napier Scott recruiters found that London bankers "saw an average drop of 62 percent in their salaries and bonuses for 2008, and took home 40 percent less in remuneration than their New York counterparts," reports CNBC. Currency fluctuations played a big role in that, however. All in all the competition between the two market centers doesn't seem quite as a big a deal when everyone is suffering. Pay has fallen for everyone.
For more:
- here's a brief
Related Article:
Compensation to fall on Wall Street?




Comments