China’s Bankers, Fund Managers Ditch Careers Amid Crackdown

Quick Summary:

Bankers and fund managers have been leaving China's finance sector in droves amid a state crackdown on high salaries and tighter regulatory oversight

The post China’s Bankers, Fund Managers Ditch Careers Amid Crackdown appeared first on Asia Financial.

The arrest and detention of bankers also represents an increased risk of doing business just as compensation is effectively falling, a former investment banker who quit his job last year and moved abroad said.

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Article Details

Author / Journalist: Jim Pollard

Category: InvestingBusiness

Markets: Hong KongAustraliaChinaSingaporeThailand

Topics: China-US Economic Ties Capital Markets Fintech Insights Market Insights ESG World Asia

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-16 @ 09:19:05 (17 hours ago)

News Timezone: GMT +8:00

News Source URL: asiafinancial.com

Language: English

Article Length: 881 words

Reading Time: 5 minutes read

Sentences: 31 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Asia Financial

News ID: 23085100

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About Asia Financial

Main Topics: InvestingBusiness

Official Website: asiafinancial.com

Update Frequency: 5 posts per day

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Headquarters: Hong Kong

News Last Updated: 13 hours ago

Coverage Areas: Hong Kong

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Publisher ID: #86

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