Description: As investment bank bonus pools continue to shrink, banks are expected to continue to layoff staff. The WSJ’s Deborah Kan speaks to Christian Brun from executive search firm Wellesley Partners about just how bad it’s about to get.
Source: Moneywatch.com â€“ video report
Date: Sep 07, 2012
Questions for Discussions:
- According to the report, what is the state of investment banking today?
- Why was there a lag between quarterly profits and employment?
- What does the adjustment in employment and compensation suggest for the near future?
- Do you believe that this is an industry that can rebound quickly or are the changes of a more permanent nature?