With record profits on Wall Street, small bonuses will annoy bankers: experts

México Noticias Noticias

With record profits on Wall Street, small bonuses will annoy bankers: experts
México Últimas Noticias,México Titulares
  • 📰 Reuters
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 97%

Most Wall Street banks announced their fourth quarter profits beat industry expe...

They have also shifted focus to steadier businesses, like managing wealth, handling corporate cash, processing transactions and expanding basic loan books.

After years of underwhelming bonuses, some bankers have left or say they are considering leaving for private equity and other types of investment companies that pay more and are not subject to the same restrictions as banks. Morgan Stanley let go of 1,500 employees in the fourth quarter, mostly in investment banking and trading, and the cost of those employees’ severance packages was another reason the bank sought to reduce expenses.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

Reuters /  🏆 2. in US

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

You Now Need To Code To Work On Wall StreetYou Now Need To Code To Work On Wall StreetTrading based on gut intuition has now been relegated to the past, as banks are seeking math-minded people to build models, algorithms and software instead.
Leer más »

NBCUniversal’s Peacock Gets an Enthusiastic Reception From Wall StreetNBCUniversal’s Peacock Gets an Enthusiastic Reception From Wall StreetYou’d think that the steady drumbeat of streaming services being launched might dull the senses, but Wall Street is rather eager to embrace Peacock. NBCUniversal’s new over-the-top entertainment pl…
Leer más »

Netflix Q4 2019: Wall Street split, optimistic on subscriber growth - Business InsiderNetflix Q4 2019: Wall Street split, optimistic on subscriber growth - Business InsiderNetflix posts earnings for its fourth quarter on Tuesday. Some Wall Street analysts are expecting a strong end to the streaming giant's rocky year.
Leer más »

Here's what every major Wall Street analyst is predicting for Netflix earnings after the bellHere's what every major Wall Street analyst is predicting for Netflix earnings after the bellNetflix reports its fourth quarter earnings report after the bell on Tuesday.
Leer más »

Wall Street falls as China virus reaches the U.S.Wall Street falls as China virus reaches the U.S.Wall Street lost ground on Tuesday, backing away from record highs as a viral ou...
Leer más »

Netflix subscriber forecast misses Wall Street estimate as market leader faces DisneyNetflix subscriber forecast misses Wall Street estimate as market leader faces DisneyNetflix missed Wall Street subscriber forecasts for the first quarter, amid pressure from lower-cost services from Disney and Apple in the streaming video wars. More here:
Leer más »



Render Time: 2025-03-13 19:21:03