Posted on 05/17/2007 12:29:24 AM PDT by eastern
Russia appeared to be a real El Dorado for foreign bankers: according to Bloomberg Agency, the amount of money they earn exceeds that of their colleagues working in the USA several times, up to US$7 million a year. The Agency takes as examples Ed Kaufman, who left UBS, financial services company, to head Russian Alfa Bank, and Nicholas Jordan, who is going to manage the Moscow department of Lehman Brothers Holdings Inc. New York top managers of the same level earn on average $2-3 million a year and it is interesting that bonuses make the biggest part of their income.
(Excerpt) Read more at russia-ic.com ...
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.