Wall Street Bonus Pools Run Shallow for 2016

The video discusses annual predictions by consulting firms, focusing on a 20% decline in certain sectors. It highlights the performance of commercial and retail bankers as stable, while others face declines. The impact of regulation on performance and the aggressive cutting of bonuses are explored. The video also examines how banks are adjusting salaries to offset bonus reductions, providing a more stable compensation path for employees.

What is the predicted percentage decline in certain banking categories according to the consulting firm?

• 25%

• 20%

• 15%

• 10%

Which sector is expected to remain stable or slightly increase according to the predictions?

• Commercial and retail bankers

• Private equity

• Asset managers

• Hedge funds

What is one reason for the aggressive cuts in banker bonuses?

• Expansion of the banking sector

• High profits

• Regulatory changes

• Increased competition

Why is there a lack of competitive pressure in the banking industry currently?

• All banks are increasing bonuses

• All banks are cutting bonuses

• Banks are hiring more staff

• Banks are expanding internationally

How are banks trying to provide a more stable compensation structure?

• By increasing salaries

• By hiring more junior bankers

• By increasing bonuses

• By reducing salaries