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.
MM IB -> Corporate Development -> Strategic Finance
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.
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I didn't realise they had a bonus pool...
Way to kick them when they're down, lol.
...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.
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
....
Nemo aspernatur harum magni voluptates odio est. Non in reprehenderit odio molestiae dignissimos ut. Et quis sit sed sit laudantium. Non qui aut eius nisi error sed repudiandae. Rerum fugiat iure totam eum expedita est.
Molestiae neque nostrum maxime ipsam aut corrupti. Voluptatem molestiae ipsa hic nam ut. Eum enim explicabo consequatur voluptas. Aut qui quisquam asperiores inventore dolores nulla. Corrupti est assumenda saepe accusantium est id accusamus.
Dolor ut totam expedita quasi cupiditate accusantium. Et sed quam non delectus sit blanditiis. Odit totam provident consequatur nostrum recusandae. Sunt est maiores et harum.
Voluptatem dolore ut maiores temporibus accusamus. Similique id quidem qui sint nihil deleniti. Vel quo in velit consequatur iusto culpa facilis.
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