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That simply isn't true in the world of banking. Why do you think the financial crisis occurred? Bonuses are DISCRETIONARY and therefore even if trader A and B a
by kenshiro_o 13y ago
That simply isn't true in the world of banking. Why do you think the financial crisis occurred?
Bonuses are DISCRETIONARY and therefore even if trader A and B are in the same division, trader A may get a significantly higher bonus than B because he made more money or was simply more astute at the politics game.
- chronic25 13y agoWhat you just said only applies to trading. Not IBD, HF, PE, which are more team oriented.