Wall Street Bonuses Set for a Fall as Deals Dry Up

The video discusses the current trends in banking bonuses, highlighting a decline in bonuses for underwriting and M&A teams, while trading teams may see an increase. The economic climate and performance-based evaluations are key factors influencing these changes. Talent retention remains a challenge, with banks like Credit Suisse offering high pay to retain staff. The video also compares job prospects in banking and tech, noting recent layoffs and hiring freezes in tech.

What is the overall outlook for bonuses as discussions heat up in boardrooms?

How have recent layoffs and hiring freezes in tech companies affected the attractiveness of working in that sector for bankers?