Bonus Watch '18: RBC I-Bankers Are Letting The Surpassing Of Low Expectations Feel Like A Win
We call this a "Canadian Brag."
Looks like the red and black flannel-clad analysts up the Northern Territories are 'bout to afford more poutine than they budgeted for this Christmas, eh?
From a tipster:
VP1 yr in an IB coverage group at RBC (non-NY US based) coming out with $450 all-in. $250 VP1 base. Meaningful increase in % bonus deferred, now starting at (30% of) >$100 vs yr ago, starting at >$150. So I got a bit dinged there but overall, the Royal Canadian didn't upset despite the street's lackluster reaction to a good yr.
True enough. And that feels almosts cravenly braggadocio for Canadians.
Send your bonus tips to tips@dealbreaker.com and keep your bosses honest this year...
