Around a month ago when bonus discussions were heating up, I took a different approach from most others and looked at each bank’s…. investment banking revenue.
Based on this analysis, I concluded that bonuses would be down 20-30% overall:
“…But if I had to guess, I’d say that bonuses will be down 20-30% overall. Something in the [...]

Investment Banking Salaries | 2 Comments »

“Why are the girls flocking? It’s Bonus Season, and the numbers are looking good. The average on The Street is around ~50-55K. Blackstone Group leads the group at 60k with Bank of America IBD rounding up the pack at ~$200.00 CAD (up 30% from last year).”
-Bonus Season, The Leveraged Sellout (note: these refer to 2005 [...]

Economy, Investment Banking Salaries, Layoffs | 14 Comments »

Thus, investment bankers make a lot of money because they sell things for huge amounts of money while taking a generous commission and having hardly any expenses.

Investment Banking Lifestyle, Investment Banking Salaries | 3 Comments »