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Top bankers could lose lucrative payouts in bonus cap overhaul
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fnlondon.comWall Street investment banks in the City are reviewing whether to scrap lucrative payments for senior staff as the UK government prepares to lift a long-standing cap on bonuses.
Goldman Sachs, JPMorgan and Morgan Stanley are among the US investment banks considering removing “role-based allowances” for senior employees, according to people familiar with the matter.
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