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For Bankers, 2020 Was a Bad Year to Have a Good Year

January 7, 2021, The Wall Street Journal

Carlo Kostka spoke with The Wall Street Journal about the financial growth banks and bankers experienced in 2020 despite the economic hardships of others in Europe. Mr. Kostka says banks will be alert to any backlash from politicians or customers, in a year when the gap between the rich and poor has widened. “The Covid crisis has created massive inequalities, and everyone has to ask themselves at the end of the day if bonuses beyond a certain limit exacerbate that issue,” he adds.

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