Bonus City pay-outs expected

Top bankers and traders are gearing up for bonus pay-outs of up to 30% following a successful year for the financial markets, a report showed today.

Bonus City pay-outs expected
Wed, 15 Nov, 2006 - 15:54

Top bankers and traders are gearing up for bonus pay-outs of up to 30% following a successful year for the financial markets, a report showed today.

The report by City head-hunters Armstrong International came after news that around 4,200 City workers will receive a bonus of more than £1m (€1.47m) this year following high levels of merger and acquisition activity.

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