Shaking the money tree

Pay packages for credit professionals took a distinct turn for the better through 2003 – not surprising considering the buoyant year in the fixed-income industry. So which banks and which departments fared the best? Hardeep Dhillon reports

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There is a saying in business that everyone gets paid less than they feel they deserve, but more than their bosses think they deserve. On the back of a spectacular year in the fixed-income industry, will the announcement of 2003’s bonuses prove this truism right or wrong? And will the individuals that made fixed income such a golden goose find themselves migrating, surging up the pecking order or simply getting stuffed?

The prospect of compiling a comprehensive salary survey is fraught with

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