The Lujiazui Financial District in Shanghai.
Photographer: Zhang Zhuoming/VCG/Getty Images
The Big Take
Wall Street’s China Problems Multiply With Warning on Banker Pay
Global banks are hitting new potholes on the long, rocky and often unprofitable road to China.
One after another, the big names in global finance were summoned by Chinese officialdom.
On the agenda: pay—specifically, telling Credit Suisse Group AG, Goldman Sachs Group Inc. and UBS Group AG to report details on how they compensate their top bankers.