China International Capital Corp to Demote Senior Bankers and Reduce Pay
Monday, 6 May 2024, 04:39
China International Capital Corp (CICC) to Demote Senior Bankers
China International Capital Corp is planning to demote some of its senior bankers and cut their pay, an unusual move aimed at reducing costs within the organization. This decision, which could lead to voluntary departures, indicates a significant change in the company's operations.
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