Banks Slash Trader Bonuses As Wall Street Braces For Recession
via Zerohedge: Even the Wall Street traders who survived this year’s cull of front-office personnel won’t escape the great bulge-bracket bank retrenchment of 2019 unscathed. According to Bloomberg, which cited a report from compensation consultants Johnson Associates, after the worst first half in a decade for Wall Street trading desks, bonuses for equity traders are expected … Read more