Investment bankers 'face bonus cuts'

Bonuses will fall sharply for investment bankers and traders this year, according to a salary report. Bankers handling mergers and acquisition (M&A) and share sales could see bonuses fall 4% on average, says salary benchmarking website Emolument. Currency and commodity traders face a 9% cut after "heavy losses" on many trading desks this year.

This article was published in BBC, 7th December 2015