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Bankers' bonuses are traditionally paid or awarded to some workers in the finance industry at the end of the bank's financial year. They are intended to reward employee behavior during that year that has increased the profits of the bank or some relevant part of its business, as shown by the annual accounts .
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A financial adviser or financial advisor is a professional who provides financial services to clients based on their financial situation. In many countries, financial advisors must complete specific training and be registered with a regulatory body in order to provide advice.
Private banking is a general description for banking, investment and other financial services provided by banks and financial institutions primarily serving high-net-worth individuals (HNWIs) – those with very high income or substantial assets.
This investment led to a "storm inside the firm", [223] interjection by PwC Global and a review by PwC Australia of its personal investment policy for partners. [223] The option to invest had not been offered to all partners or even the entire firm. [221] A review was announced around the way partners make personal investments. [221] [224]