Mizuho Bumps Pay for Junior Bankers

The banks are hoping stem a tide of defections of burned out bankers, and stave off moves to the tech sector, where banking talent is in demand as it muscles in on financial services.


A second bank in Hong Kong has not paid bonuses

Last year, both ICBCI and CCBI paid their bonuses in September instead of March, and bankers fear a repeat this year. “ICBCI is late, but they’re not as bad as CCBI so we still expect to get paid,” said a source at the bank.