The view from Tokyo
NEWS
The salary landscape is changing in Tokyo, partly as a result of changes to the banking industry following the ‘big bang’ deregulation reforms of 1998, and as a result of the more general changes to the industry that have influenced pay in the global market.
Mark Pink, chief executive of TopMoneyJobs.com in Tokyo, said salaries in spot and forwards FX and in sales job have fallen, because the reforms enabled corporate treasury groups to deal FX directly without banks for the first time.
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