Goldman Sachs London Bonus change
https://news.sky.com/story/goldman-sachs-scraps-b…
As the article says, GS bonus cap is removed in the UK and will be in line with GS' compensation policy outside the UK.
What I want to know is what material change will this bring to M&A juniors? is bonus much higher outside the UK? Or is this just gonna benefit the MDs and whoever has a P+L?
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