BofA, Morgan Stanley Said to Cut Equity Trader Bonuses

The video discusses the ongoing dichotomy between equity and fixed income sectors, focusing on how banks like Morgan Stanley and Bank of America are adjusting their bonus payouts. It highlights the challenges traders face in leveraging better offers due to a lack of opportunities in hedge funds and other firms. The video also covers the impact of job cuts on bonus pools and how these pools are set and adjusted over time.

What factors contribute to the dichotomy between the equity side and the fixed income side in the market?

How have the bonus expectations changed for traders at Morgan Stanley and Bank of America?

In what ways do traders leverage their positions when negotiating bonuses?

What are the implications of hedge funds pulling back on the trading market?

What impact have job cuts had on the overall bonus pool for traders?