Chinese State Bankers Face Bonus Cuts Of At Least 30%

Chinese State Bankers Face Bonus Cuts Of At Least 30% Senior bankers at China’s state-backed financial institutions are preparing for bonus cuts of at least 30% as Beijing presses ahead with sweeping pay reforms across its $69 trillion financial sector, according to Bloomberg. At two major state-owned banks, senior managers — including department heads — saw their 2025 bonuses reduced by 30% to 50%, according to people familiar with the matter. At a mid-sized national lender, di...

By Tyler Durden