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Dollar fall takes slice off bankers' bonuses

A number of headhunters have already warned that bankers' bonus expectations are running ahead of the likely level of bonus payments. A recent survey by headhunter Armstrong International found that while top performers could see the all-important year-end payouts rising by up to 30%, the majority would see no increase from last year.

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The essential daily roundup of news and analysis read by everyone from senior bankers and traders to new recruits.