Sponsored by Oregon Business

Wall Street bonuses at lowest level in 3 years

| Print |  Email
Must Reads
Monday, January 09, 2012

Forecasts expect Wall Street bank bonuses and compensation to reach a three year low.

"Obviously this is not a good year for Wall Street compensation and an awful lot of the pressure is going to fall on managing directors," Brad Hintz, research analyst with Sanford C. Bernstein & Co., who said lower compensation -- largely paid from stock -- and volatility in the markets will lead to higher turnover and attrition.
Hintz said bankers in the fixed income market and credit trading will be most affected.
"Becoming a partner at a Wall Street firm is very much like becoming an NFL lineman," he said, in reference to their job's lifespan of five or six years. "After a while, your knees go and you're politely shown the door."

Read more at ABC News.

{biztweet}wall street compensation{/biztweet}

 

 

More Articles

Get on the bus!

April 2015
Thursday, March 19, 2015
BY APRIL STREETER

How the private sector can ride the next transit revolution.


Read more...

6 highlights from the Craft Brewers Conference

The Latest
Friday, April 17, 2015
thumbPHOTOS BY  JASON E. KAPLAN

The 32nd annual CBC attracted a record number of attendees (11,000)  to the Oregon Convention Center.


Read more...

Beam Me Up

April 2015
Thursday, March 19, 2015
BY DAN COOK | Photos by Jason E. Kaplan

An alliance of developers, academics and timber industry executives wants to position Oregon as a front runner in the glamorous new world of wooden skyscrapers.


Read more...

Courtside

April 2015
Thursday, March 26, 2015
BY JACOB PALMER

Power lunching at the Court Street Dairy Lunch in Salem.


Read more...

The best crisis is the one you avoid

Contributed Blogs
Wednesday, April 15, 2015
crisisthumbBY GARY CONKLING | GUEST BLOGGER

Avoiding a crisis is a great way to burnish your reputation, increase brand loyalty and become a market leader.


Read more...

Photos from the 100 Best Companies to Work For in Oregon awards celebration

The Latest
Friday, February 27, 2015
IMG 9975cneditPHOTOS BY JASON E. KAPLAN

Images from the 2015 celebration of Oregon's great workplaces.


Read more...

Cache and Curry

March 2015
Monday, February 23, 2015
BY JACOB PALMER | OB DIGITAL NEWS EDITOR

Power Lunch at Swagat in Hillsboro.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS