Corporate Dealers Buck Trend, In Bearish Industry Pay Survey

BANKS

LONDON--Corporate sales teams are seeing the biggest growth in median basic salaries in the FX business this year, according to the latest quarterly Monks Partnership Remuneration Guide.

However, a significant number of job categories are experiencing lower pay compared with previous quarters, including chief FX dealers, spot and forward managers.

Monks officials note that the sample is primarily a "middle market" survey, covering 174 of London's mid-tier banks and investment houses. The maj