Why European Banks Are Hiring From U.S. Rivals

The video discusses the challenges European banks face, such as losing market share due to cost-cutting measures. It highlights the differences in compensation structures between European and American banks, with European banks offering higher fixed salaries due to regulatory constraints on bonuses. The video also examines the strategies of investment banks in hiring and compensation, and the potential impact on US banks as they may need to adjust their compensation to remain competitive.

What are the potential risks associated with the current trends in banking compensation?

In what ways might the compensation strategies of US banks change in response to European banks offering higher pay?