Bank CEOs celebrate pay raises while junior bankers face another year of stingy bonuses
Bank bosses enjoyed pay hikes in 2023, while rank-and-file workers were handed another year of stingy bonuses, according to this week’s round of earnings. Nowhere was that more evident than at Standard Chartered, whose chief executive officer Bill Winters saw his pay package rise 22%, according to Bloomberg, citing the London-based bank’s 2023 earnings report…