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Bonus Watch '15: Area CEO Just Wondering If Everyone Remembers The Tire Fire That Went Down This Summer

Think about it when you're thinking about this year's bonus.
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You remember it? You've got it in your head? Okay, good.

Wall Street bonuses could fall more than 10 percent this year after declines in fixed-income trading revenue and China’s currency devaluation hurt profits, Stifel Financial Corp (NYSE:SF). Chief Executive Officer Ronald Kruszewski said. “I think they could be down more,” Kruszewski said Tuesday in an interview on Bloomberg Television when asked about estimates that payouts could drop 5 percent to 10 percent. “I’m not sure people have factored in the debacle that occurred in fixed income in the third quarter.” “It was a tough summer...People forgot about China and the devaluation and all that was going on, so this is not necessarily a year to write home for.”

Having said that, if you are currently employed by Deutsche Bank (NYSE: DB) or Credit Suisse (NYSE: CS), a ten percent drop would bea dream, so, y'know, it's all relative, etc.

Wall Street Bonuses Could Drop More Than 10%, Stifel CEO Says [Bloomberg]

Related: Bonus Watch ’15: Hey, Remember That Investment Bank Credit Suisse Bought In 2000? It’s Coming Out Of Your Paycheck; Deutsche Bank Bonus/Layoffs Watch ’15: The Bonus Is You Get To Keep Your Job;


Bonus Watch '16: Goldman Sachs CEOs

If you're unhappy about your bonus this year, perhaps it'll make you feel less alone to know Lloyd Blankfein's dropped, too. (To $23 million.)

Bonus Watch '15: Deutsche Bank Will Update You On The Situation 5 Months Hence

The bank is said to be taking its time on bonus announcements this (/next) year.

Bonus Watch '16: Credit Suisse CEOs

Like many a Credit Suisse employee, Thiam will see his bonus chopped (though in his case the slashing is voluntary).

Bonus Watch '15: Better Luck Next Year?

No one's in this gig for the money, right?

Bonus Watch '15: JP Morgan To Make Other Banks Look Like Cheapskates

Good for JP Morgan employees, less good for JP Morgan peers, who are gonna be hearing a lot of "Why can't you be more like JP Morgan?"