50% drop in Wall Street bonuses? Yup. Here it is:
http://biz.yahoo.com/rb/080929/business_us_newyor…
Good thing we love our work so much that we'd do it for free...
Trending Content - Investment Banking Forum
Career Resources
WSO Free Modeling Series - Now Open Through
September 30, 2026
9 Free Financial Modeling Lessons
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
+Bonus: Get 27 financial modeling templates in swipe file
+Bonus: Get 27 financial modeling templates in swipe file
High Finance Applications
Guaranteed
Get at least one offer GUARANTEED
- 1:1 support
- 92% success rate
- 2,000+ mentor network
- Unlimited Live bootcamps
- AI for resume + LinkedIn
- Networking automation tools
- HireVue simulation tool
- Full course library
- Private Slack community
- 20hrs of mocks
- + much more...
Remember those "industry guys" in the other topic claiming bonuses wouldn't be affected!
Well at least they will have a job.
word.
Remember all those "finally someone who knows what they are talking about" guys in the other thread claiming bonuses wouldnt go down because ROE would remain robust?
Right...
I believe everyone came to the general consensus that bonuses would go down in the short term. Most people were debating whether they would be the same in the long term.
Exactly. In the short term they will definitely go down because of the economy.
No one ever provided a good reason why they will systematically drop (becoming a bank holding company does not count at all--people at JPM, Citi, etc. always got the same comp as those at independent banks).
Aliquam non nihil aliquam soluta consectetur saepe. Sit qui ullam consequatur at ea qui eius. Quod ut est veniam beatae modi molestiae excepturi. Odio doloribus saepe at.
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...