Why Wall Street Bonuses Fell 9% in 2015

The video discusses banker bonuses, focusing on the historical context, regulatory debates, and the impact of the financial crisis. It highlights how Wall Street firms adjusted to post-crisis realities by reducing discretionary pay and how EU regulations, like the bonus cap, affect global banking operations. The video also covers the deregulation of the 1980s that led to inflated bonuses and the subsequent reforms after the financial crisis, emphasizing the competitive disadvantage faced by European banks due to stricter regulations.

Discuss the historical context of banker bonuses starting from the 1980s.

What are the implications of the EU bonus cap on European banks compared to their global counterparts?