Smaller bonuses are expected from European banks

01/1/2013 | Reuters

European banks are expected to rein in cash bonuses, with some managers anticipating a 30% drop in payouts and a shift to shares and higher-risk assets. "I'm sure there will be lots of different structures this year with different products and attempts to cap the cash element," said Stephane Rambosson, managing partner of executive recruiter Veni Partners. "Either way, bonuses will be down."

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