IBD

The Swiss bank has said no raises for the foreseeable future. Enjoy that promotion in title only!

Layoffs are said to be underway at the British bank.

Not being told to clean out your desk is this year's cash prize.

Tidjane Thiam has been working, in vain, to get it through to them.

Kidding about it not being a lot more than that.

Distressed debt traders? Not so much!

This is not so much a request as a requirement you're unlikely to get around, unless anyone is considering chaining themselves to their desks.

Literally, so please, don't mention it again.

If you know anyone who's interested.

A bunch of employees in the investment bank get the honor of going first.

He'd also find it hard to associate with someone working at one.

The youngest members of Team Wells are said to be pleased.

Cherish your unlimited bathroom breaks, investment banking interns.

It's not you, it's regulation.

John McFarlane's reputation for telling staff to GTFO precedes him.

Let's not do this dance.

The bank is set to ask half its bankers in Asia to clear out their desks.

He will absolutely not confirm the 14,000 out of 18,000 figure at this time but he will say visions of a bloodbath are representative of how things are going to play out.