Investment Banking
Regulation, Risk & Compliance
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Israeli banking execs face $650K pay cap
The Knesset unanimously approved a law that caps the salaries of Israeli bankers at $650,000 a year. The law, passed Monday by a vote of 56-0, also stipulates that bankers can earn no more than 35 times the lowest salary paid in the company, Haaretz reported. The measure affects insurance…
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Click here to read the full story: Jewish Telegraphic Agency