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.

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?"

Bonus Watch '15: Wall Street Basically Living Paycheck To Paycheck Now

In an unimaginable nightmare from which no one can wake, bonuses grew a mere 2% last year.