Welcome to the 2008 for IB
Layoffs, RIFs, sub <20% bonuses, some inflation adjusted revenues in line with 2008…everyone knows its been a bad year but this is the 2008 for a new generation
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This is probably a bit of hyperbole but it's probably the closest to a 2008 we'll get to with current regulations etc.
eh, hiring and bonuses are shit but at least we have finmemes this time around
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