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Top bosses agree to pay cuts in show of solidarity with workers during crisis

Top bosses agree to pay cuts in show of solidarity with workers during crisis

The Telegraph - Vinjeru Mkandawire

“Compensation is still too high” complained John Cryan, the former boss of Deutsche Bank at a conference on ethics and culture. “We’ve just paid people too much across the board.” Cryan’s warning came as big banks faced a crackdown on exorbitant bonuses in the years following the financial crisis. …

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