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 factors are influencing compensation bonuses in the banking industry?

How has the performance of different asset classes affected compensation in the market?

What is the expected trend for US and European bonuses based on the current performance?

How does the performance culture in banking impact talent retention during tough times?

What does the term 'flight to quality' refer to in the context of banking performance?