26.06.2009 Opalesque Exclusive: While investment banks look to change pay structure, hedge funds are expected to maintain the bonus culture
From Kirsten Bischoff, Opalesque New York:

The anticipated 50% salary raise for a number of Citi employees has generated almost 600 news articles dissecting, debating and many denouncing the bank’s decision. Under the proposed plan, first reported by the NY Times, Citi will raise base salaries for investment bankers and traders whose compensation is typically skewed towards bonuses rather t

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