Bonuses when group / division P&L is negative
Have heard some buzz that my group and division more broadly are tracking towards a negative P&L. Does this mean bonuses will be 0? Cuts were made in the early fall but if outlook is no bonus then that may change how I think about an exit...
Do you work at BB/EB/MM? Will actually in line with broader for BB, regardless of group level PL, for A&A.
MM for what its worth
Also sorry for double reply but what if division has a loss (like the whole IBD) could bonus be 0?
sorry but could only answer for BB - won't be 0 for A&A even if loss making for whole division.
Any idea on order of magnitude? 10k-20k or would that be near equivalent / considered to 0?
1st yr analyst will be quite standard regardless, think ~50k?
Where does that $$ come from? Just B.S. cash? Also I'd say we are a HL / PJ / Sub-Jefferies equivalent shop for reference
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