Slashing of bankers' pay in China may lead to exodus
Jiang Jianqing, chairman of Industrial & Commercial Bank of China (ICBC), earned less than 2 per cent of JPMorgan Chase CEO Jamie Dimon's compensation last year while reporting twice the profit. Instead of a reward, Jiang is poised for a pay cut.
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US set to tighten scrutiny of CEO pay versus staff salary
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Public companies would be required to disclose how much more their chief executives are paid than rank-and-file workers under a rule to be proposed next month by US securities regulators, according to two people familiar with the matter.
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