How will bonuses be impacted at Credit Suisse / UBS / Nomura, who were having good years before the Archeagos fallout?
The question says it all: how will bonuses be impacted at Credit Suisse / UBS / Nomura, who were having good years before the Archeagos fallout? Seemed like all 3 banks and others were having the best year in a long time. Any precedents? Will CS still pay 20K bonuses?
Plot twist: Goldman got out of biz with Archegos and passed the shit covered baton to CS because they were upset that CS showed them up with the 20k bonuses
I would bet they are not higher.
Typically at the junior level bonuses are pretty unaffected, but it will definitely hit the big guys at the top harder.
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