China's CICC to Demote Senior Bankers, Cut Pay to Slash Costs
May 6, 2024
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2:40Now PlayingChina's CICC to Demote Senior Bankers, Cut Pay to Slash Costs
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as posted by the channelBloomberg has learned that China International Capital Corp., or CICC, is planning to demote some of its senior bankers and cut their pay in an unusual move to reduce costs. Pei Li reports on Bloomberg Television.
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