JPMorgan Keeps Bonuses Flat for 2019

The video discusses the history of banking, focusing on the corporate investment bank's performance. It highlights compensation trends, noting that while overall compensation may remain flat, star performers are likely to receive significant payouts. The video also compares long-term incentives at major banks, emphasizing the value of stable compensation over uncertain equity options in European banks.

What significant figure is mentioned in relation to banking history?

• $36 billion

• $36 million

• $56 billion

• $56 million

What is the expected industry-wide change in compensation levels?

• A 5% increase

• No change

• A 10% cut

• A 5% cut

What is the compensation strategy for star performers within the corporate investment bank?

• Stock options only

• No bonuses

• Decent payouts

• Flat compensation

Which type of compensation is considered more valuable according to the discussion?

• Equity paper from Europe

• Options paper at Deutsche Bank

• Cash bonus at Commerce Bank

• Flat bonus at JPM

What is the implication of receiving paper stock over long-term incentives?

• Potential long-term benefits

• Higher short-term gains

• Immediate cash payout

• Guaranteed annual bonus