China's Top Brokers Ask Senior Bankers to Fly Coach to Cut Costs
Bloomberg News, Bloomberg News People take an escalator in the Lujiazui financial district in Shanghai, China, on Monday, Dec. 21, 2020. Chinaâs central bank is striking out on its own with signals of tighter monetary policy, widening a divergence with other large economies that will shape global capital and trade flows next year. Photographer: Qilai Shen/Bloomberg , Bloomberg (Bloomberg) -- Chinaâs two largest investment banks are making broad cuts to travel budgets that will impact junior bankers as well as senior directors as th...
Source: bnnbloomberg.ca