Bank Bonuses to 'Absolutely' Fall, Says JPM's Raghavan

The video discusses the impact of performance on compensation in the banking industry, highlighting the differences between investment banking and market sectors. It notes that US and European bonuses are expected to decline due to poor performance. Despite this, talent retention is not a major concern for firms like JP Morgan, which benefit from a flight to quality during challenging times.

What is a key factor affecting compensation in investment banking?

• Market trends

• Performance levels

• Employee satisfaction

• Regulatory changes

Which asset classes had a good performance year according to the transcript?

• Credit and equities

• Commodities and rates

• Real estate and bonds

• Technology and healthcare

What is the expected trend for bonuses in the US and Europe?

• Decrease in the US, same in Europe

• Increase in Europe, decrease in the US

• Same in both regions

• Increase in both regions

How does JP Morgan maintain stability during challenging times?

• Through aggressive marketing

• By reducing workforce

• Through a flight to quality

• By offering higher salaries

What cultural aspect is emphasized as enduring in the banking sector?

• Customer service

• Diversity and inclusion

• Innovation

• Pay-for-performance