JP Morgan slashing IBD bonus pool
The title says it all.
http://www.bloomberg.com/news/2010-10-13/investme…
Do you guys think other banks will do the same?
Trending Content - Investment Banking Forum
| +154 | UBS Tech layoff | 52 | 7h |
| +143 | UBS’s M&A BANKERS ARE DOING TERRIBLY. $200M EXTRA IS BEING CUT | 29 | 6h |
| +138 | Analyst: Why is UBS IB doing worse than peers?, UBS CFO: No Comment | 20 | 1h |
| +57 | How do YOU manage networking requests? | 16 | 7h |
| +46 | Are target prospects getting dumber? | 20 | 2h |
| +37 | What Differentiates the Best Analysts as AI Improves? | 9 | 3d |
| +36 | Quitting After First 4 months | 12 | 12h |
| +34 | MBB Pay Raises | 26 | 12h |
| +33 | Cornell Club T10 Rankings (UPDATED 10/2026) | 19 | 1d |
| +22 | Leaked Interview Questions to Chinese Recruiting Services | 12 | 26m |
Career Resources
It's rough waters in the industry in general right now, with slow business activity. I wouldn't be surprised if most banks were in the same boat.
I feel like a lot of this is just because volumes were down in the S&T side this summer. This is just one of four quarters and it contradicts the WSJ article from yesterday saying this year would see record bonuses on Wall Street.
All that to say, I don't think you can take any one of these articles on Wall Street pay and use it to determine where you will come out at the end of the year. Your personal number comes from many factors of which some include what bank you work for, what side of the business you are in, which group you are in, politics, your performance and other things.
In just the past few weeks there have been articles on both sides of this so I wouldn't get too worked up over it just yet.
Sit accusantium iure quaerat autem eligendi ipsa. Aliquid id eaque itaque eum aut. Deserunt totam a consequuntur ad fugiat. Ea eum explicabo molestias consequatur dolorem itaque. Vel sunt quo eligendi dolores ullam dolores eius et. Et inventore et id consectetur mollitia dolorem. Cumque porro nihil quia quos quas nesciunt.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...