European firms appear to be holding back, or deferring, - TopicsExpress

European firms appear to be holding back, or deferring, substantially more of their top risk-takers’ pay than American banks. European banks like Barclays and Credit Suisse are deferring as much as 70 percent of the compensation granted to top employees, according to an analysis by The New York Times of the banks’ annual reports. American firms, by contrast, generally appear to be deferring about half.

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