Bond Traders Wait for Calm to Shatter With Fed ‘Breaking Stuff’
Bond traders are taking little solace in the market’s recent calm for a simple reason: It’s not likely to last.
Bond traders are taking little solace in the market’s recent calm for a simple reason: It’s not likely to last.
When I met with Citigroup CFO Mark Mason at the company’s headquarters I ended up learning about how his career was shaped by an earlier crisis.
Some workplace experts warn that companies must be careful not to let the short-term turbulence cause them to deprioritize the needs of employees.
Weeks of gut-wrenching turmoil are keeping investors on the lookout for further volatility explosions.
Advisors are generally satisfied with their compensation plans, but there is room for improvement among wirehouses and large broker/dealers (B/Ds).
The average Wall Street bonus plummeted 26% last year as a slump in dealmaking and banks’ efforts to contain costs weighed on compensation.
Managers have embraced hybrid working but many still think long hours are needed for career progress.