London Bonus Outlook Bearish, But Some Sectors May Fare Well

BANKS

Bank consolidations and the generally low volatility environment that prevailed in the FX market last year could result in lower bonuses for 1996, say industry executives in London, who add that the lack of a trend to follow could also weigh on compensation. However, most agree that the top performers will be rewarded handsomely for their performance.

Although most sources agree that bonuses will be less generous than in previous years, some are still optimistic for certain sectors. An FX

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