Global markets is having a good year. But that’s not due to their merit but market condition. Such kind of market volatility won’t last. Bank shouldn’t over compensate market and need to help commercial banking this year.
7 replies (most recent on top)
better to think of as 1 bank w/ diversified revenue vs ms, gs.
flip your comment... Consumer deposits is having a good year. But that’s not due to their merit but market condition... would this apply too?
Global markets better enjoy their GOOD year! If there is a huge change in November that will be the last good year for a long, long time - with numerous corresponding rounds of layoffs coming to compensate for those lost profits, of course!
Shareholders ALWAYS get paid first. They are the ones you make happy first not the employees, who are further down the rung.
All banks are required to raise their capital reserve this year thanks to Federal Reserve. That’s where money goes...
Rumors say GS and MS not raising but cutting. They’d rather give back to shareholder than employees.
Goldman and morgan stanley are raising there's so bofa is matching. Support roles and consumer LOB down for the year
@1bqi+17mUeHOt
Heard something different. GBAM bonus flat this year.
They are cutting consumer bonuses and raising GBAMs by 25 percent