Barclays Said to Cut Investment Bank Bonus Pool

The video discusses the ongoing job and bonus cuts in the banking sector, focusing on European banks like Barclays and Deutsche Bank. Barclays has been reducing headcount and bonuses, while Deutsche Bank has taken a harsher approach by eliminating bonuses entirely. The video compares the strategies of US and European banks, noting that US banks have been more proactive in reducing headcount and building capital. Despite some improvements, the video highlights that job cuts in the banking sector are not over, with US banks like JP Morgan gaining market share in certain areas.

What has been the trend regarding job cuts in European banks compared to U.S. banks?

What implications do the job cuts and bonus reductions have for employees in the banking sector?

How did Deutsche Bank's approach to bonuses in 2016 differ from other banks?

What factors have contributed to the reduction of headcount in banks like Barclays and Credit Suisse?

In what ways have U.S. banks managed to expand despite the challenges in the banking sector?