The pay and bonuses landscape

Caps and clawbacks

Banks have been forced to restructure their compensation schemes

One lasting effect of the financial crisis has been increased scrutiny of bankers' salaries and bonuses, which has in turn led to a raft of new legislation. Those working in the structured products industry have also been subject to changes in the way they are paid. But banks are struggling to come to terms with these reforms, and opinions are split about how they are affecting the jobs market.

Fundamental reforms that have come into force as economies recovered include a change in the split

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