European Traders May See 'Doughnuts' Instead of Bonuses

The video discusses the challenging year for European investment banks, particularly in terms of bonuses for fixed income traders, who are expected to see a 10% reduction due to liquidity issues and decreased trading revenues. However, some banks like UBS and RBS show positive trends. The video also compares the situation with US banks, which are not faring much better. Regulatory influences, such as those suggested by Mark Carney, are also discussed in relation to bonus expectations.

How does the bonus situation for traders in Europe compare to that in the US?

What suggestion did Mark Carney make regarding bonus regulations?