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Bankers tempted by lucrative prospects of Internet finance

By Jiang Xueqing ( China Daily ) Updated: 2015-05-15 08:07:12

Pay cuts may well promote equality but they are also leading to an exodus of top bank talent, reports Jiang Xueqing.

Top executives are being lured away from State-owned banks by Internet companies and privately owned lenders with the promise of higher pay and career advancement.

This trend is likely to continue after the government announced a salary reform last this year.

Bankers tempted by lucrative prospects of Internet finance

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