China Bankers Earn Less Than New York Peers as Pay Crashes 60%

China Bankers Earn Less Than New York Peers as Pay Crashes 60%

Jerome Favre/Bloomberg

Jardine House, which houses the offices of companies including JPMorgan Chase & Co., stands in Central, Hong Kong. Managing directors working on China deals, most of them based in Hong Kong and Beijing, earned between $900,000 and $1.3 million in salary, bonus and stock options last year, according to the five bankers.