A few details from the House of Dougan's bonus communication day.
"CS bonus communication day. Equities research, bonuses down 25%. Analysts, 10k base (70k-90k) bump , zero to 10k bonuses. Associates, many no base (110k-160k, lowered from 175k) increase, 0-20k bonuses. Mood is somber but many already had very low expectations."