RBS to Cut Investment Banking Bonus Pool by More Than 50%
(Senior Orangutan, 378
Points)
on 2/22/12 at 10:21pm
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I didn't realise they had a
I didn't realise they had a bonus pool...
relinquis... Killing the GMAT this December; Over/Under set at: 725 GMATs.
Is this surprising? Aren't
Is this surprising? Aren't they trying to sell-off their entire IB unit right now anyways? In any case, I'm pretty sure GS/MS and other top BBs have also slashed bonuses by similar amounts.
Once one goes, they all go
Once one goes, they all go
I didn't say it was your fault, I said I was blaming you.
Relinquis wrote: I didn't
I didn't realise they had a bonus pool...
Way to kick them when they're down, lol.
Calling Ron Paul an isolationist is like calling your neighbor a hermit because he doesn't come over to your property and break your windows.
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Gambler Daily
Relinquis wrote: I didn't
I didn't realise they had a bonus pool...
...I didnt realize they had IB...
Bernankey wrote: Relinquis
I didn't realise they had a bonus pool...
...I didnt realize they had IB...
I've found that most commercial banks have an IB unit of some sorts. Might not be huge but most have a cap markets/IB arm. I think RBS is much bigger in Europe.
Sarcasm bro
Sarcasm bro