Euromoney’s 2012 FX survey results

Euromoney’s 2012 FX survey results

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May 1996

Allen Wheat, CS First Boston: Wheat and the chaff


Since taking charge of CS First Boston in 1993, Allen Wheat has done much to improve the firm's profitability. The payoff for employees was supposed to be a fairer allocation of bonuses. Many bond traders felt it didn't work that way this year and some left in disgust, making odious comparisons between their own thinner pay checks and those of supposedly key employees. Peter Lee reports


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