http://news.yahoo.com/s/ap/20071221/ap_on_bi_ge/w…
might be old news for you guys, but I find this interesting since everyone here had assumed 10-15% decrease last time I checked.
Trending Content - Investment Banking Forum
| +204 | Downfall of Qatalyst | 39 | 1h |
| +166 | UBS IB 26Q2 a Disaster! Advisory Revenue Down 23%, Capital MarketsDown 5% | 22 | 2d |
| +96 | UBS Americas IB: The Kids’ Table of Wall Street | 12 | 7h |
| +81 | Lincoln International Return Offers | 42 | 9h |
| +49 | so confused about 28 SA timeline | 27 | 4d |
| +37 | London IB BB is a challenge | 28 | 15h |
| +35 | Fired during interview | 5 | 1d |
| +35 | momentum of Rx groups | 11 | 9h |
| +33 | [WSO MODS] Please Delete This BS Host Books Spam! | 2 | 4d |
| +31 | What does RX Consulting Ops Turnaround Work Actually Look Like? | 4 | 6h |
Career Resources
Generally the senior people are still very concerned because so much of their bonus is paid out in stock... and if these financial sector stocks continue to plummet, you'll get a "spiral of death" (this is what someone else at my bank was referring to it as) where banks get less and less valuable but have to pay out more and more in stock... resulting in people getting pissed over smaller and smaller bonuses.
The mood in the industry is still pretty dismal even with stories like that.
Shouldn't affect analysts much since we don't get paid in stock at all... main question is what are analyst bonuses based on, 2007 full-year numbers or 6/30/08 TTM numbers? I've heard senior people say both so I'm honestly not sure. Anyone have an answer here?
6/30 TTM. Why would analysts get credit for a portion of the year they weren't even employed?
6/30 LTM is what I am hearing as well for analysts.
The 1st year associates are lucking out considering their stub is getting paid off of 12/31 LTM and then they have an extra 6 months for the markets to recover.
More like associates are "lucking out" due to the phenominal performance in the market for the first 5 months of 2007.
Noob question - can't you sell those stocks as soon as you get them?
You can so long as they are vested. For more junior folks, most or all of the stock should vest either immediately or within 6 months.
Cool. Thanks
Looks like the 14% figure overstates the increase given that total employment went up 11% for the firms.
http://www.bloomberg.com/apps/news?pid=20601103&sid=a.uEoxVHwSkw&refer=…
He received a 68 mil bonus...not bad for playing both sides of the market.
Lloyd was originally projected to receive a $75 million bonus, so... if he really bought into that figure - he could be quite unhappy right now.
yea, I bet he is having a tuff holiday season.
Natus quis asperiores perspiciatis velit vitae dolorum omnis. Provident et dolorem iste similique dignissimos vel porro unde. Atque quo alias officiis beatae dolorem ab est. Sunt provident perferendis autem laboriosam ipsam. Eos id necessitatibus reiciendis libero. Accusantium voluptatum sapiente hic aut natus vel. Dignissimos veritatis est voluptatum est quo.
Nulla sit qui voluptas tempora. Officiis in aut accusamus sequi voluptatem. Earum ut dolorem fugiat sunt. Recusandae officia quos aut optio blanditiis debitis exercitationem. Neque molestiae delectus aspernatur et suscipit ut numquam molestias. Ea itaque quos voluptatem voluptate ratione sint praesentium quis.
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...