Brokerage CICC slashes bonuses as Beijing dials up income disparity rhetoric
Reuters
Reuters exclusively revealed that China International Capital Corp (CICC) (3908.HK) intends to cut bonuses by as much as 40% in one of the financial sector’s biggest cuts in two years since a renewed government push to narrow income disparity.
The post Brokerage CICC slashes bonuses as Beijing dials up income disparity rhetoric appeared first on Reuters News Agency.