WALL STREET TRADERS HAVE HAD A TOUGH YEAR — AND IT'S EATING INTO THEIR BONUSES

REUTERS/Brendan McDermidLess-than-stellar Wall Street trading results will likely have an impact on this year’s bonuses. While investment Bankers will probably see big jumps in their annual bonus, securities traders likely won’t get the same increase — and could even see a 5% drop, according to a new report from HR consulting firm Johnson Associates. The data was first reported by Bloomberg News’ Sarah Ponczek:...

BusinessInsider (Date:08/14/2017 04:48) Read full article >>

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Business: A business is an organization involved in the trade of goods, services, or both to consumers. Businesses are predominant in capitalist economies, where most of them are privately owned and administered to provide service to customers for profit. Businesses may also be not-for-profit or state-owned.
Bank: A bank is a financial institution and a financial intermediary that accepts deposits and channels those deposits into lending activities, either directly by loaning or indirectly through capital markets. A bank is the connection between customers that have capital deficits and customers with capital
Street: A street is a paved public thoroughfare in a built environment. It is a public parcel of land adjoining buildings in an urban context, on which people may freely assemble, interact, and move about. A street can be as simple as a level patch of dirt, but is more often paved with a hard, durable surfa
Wall: A wall is a vertical structure, usually solid, that defines and sometimes protects an area. Most commonly, a wall delineates a building and supports its superstructure, separates space in buildings into sections, or protects or delineates a space in the open air. There are three principal types of s
Insider: An insider is a member of any group of people of limited number and generally restricted access. The term is used in the context of secret, privileged, hidden or otherwise esoteric information or knowledge: an insider is a "member of the gang" and as such knows things only people in the gang know.
Johnson: Johnson is an English, Scottish and Irish name of Norman origin. The name itself is a patronym of the given name John, literally meaning "son of John". The name John derives from Latin Johannes, which is derived through Greek Ianns from Hebrew Yohanan, meaning "Yahweh has favoured". The name has b