Posted by & filed under Industry Analysis, Management Issues.

Description:  From Wall Street to the City of London to Hong Kong’s Central District, bankers are bracing for bonuses to be down 7 percent on average from a year ago, and higher salaries will only partially cushion the hit, a Reuters/IFR global poll shows.

Source:  Reuters.com

Date: 12/21/2010

Link:  http://www.reuters.com/article/idUSTRE6BK66Z20101221

Questions for discussion:

  • Summarize the recent changes taking place remunerating banking employees?
  • How do you think these changes will impact employees?
  • How do you think these changes will impact bank performances?

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