FX bonuses set to plunge on probes, low volumes

London's currency traders are set for a dramatic fall in bonuses, amid foreign exchange (FX) investigations and low trading volumes, a new report has found.Traders could be in for a 42.9 percent drop in bonuses during the next payout season in 2015, according to a report by salary benchmarking website Emolument. It forecast bonuses would be slashed from the average £148,000 ($242,572) handed out this year to £85,000.

This article was published in CNBC, 18th September 2014