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Goldman Sachs cuts pay for London bankers by 40%
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fnlondon.comGoldman Sachs slashed pay for its London-based staff by 40% last year, as the Wall Street giant made its deepest job cuts since the 2008 financial crisis.
The Wall Street bank paid out $1.9bn in compensation costs for the 3,882 employees at Goldman Sachs International last year, according to its annual report released 28 March.
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