Citigroup has removed the cap on bonuses for senior investment bankers, following most US rivals in doing so

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Citigroup set to ditch bonus cap for UK employees

Investment Banking Editor

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Citigroup is set to scrap the bonus cap for its UK staff, joining Wall Street and European rivals removing the long-standing restrictions. 

The Wall Street bank is due to ditch its cap on bonuses for hundreds of senior investment bankers, according to 

Investment banks are gradually removing a long-standing cap on bonus payments

Paul Clarke

Banking

Business

Financial Regulation

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