Barclays Said to Cut Investment Bank Bonus Pool

The video discusses the ongoing job and bonus cuts in the banking sector, focusing on European banks like Barclays and Deutsche Bank. Barclays has been reducing headcount and bonuses, while Deutsche Bank has taken a harsher approach by eliminating bonuses entirely. The video compares the strategies of US and European banks, noting that US banks have been more proactive in reducing headcount and building capital. Despite some improvements, the video highlights that job cuts in the banking sector are not over, with US banks like JP Morgan gaining market share in certain areas.

What has been a significant theme in the banking industry over the past few years?

• Increased hiring and bonuses

• Job and bonus cuts

• Expansion into new markets

• Introduction of new banking products

How did Deutsche Bank's approach to bonuses in 2016 differ from other banks?

• They reduced bonuses by 50%

• They offered bonuses only to top executives

• They eliminated all bonuses

• They increased bonuses for all employees

Which banks have been cutting headcount over the last few years?

• Bank of America, Morgan Stanley, and BNP Paribas

• Barclays, Credit Suisse, and UBS

• Deutsche Bank, JP Morgan, and Goldman Sachs

• HSBC, Citibank, and Wells Fargo

What has been the trend in job cuts for U.S. banks recently?

• Job cuts have increased significantly

• Job cuts have remained constant

• Job cuts have slowed down

• Job cuts have stopped completely

Which U.S. bank has been gaining market share in fixed income and equities?

• JP Morgan

• Wells Fargo

• Bank of America

• Goldman Sachs