In a closed-door speech on Monday with Wall Street executives, Dudley said that banks should defer bonuses for a decade. Ten years!
Chris Rokos made $900m during his time working at hedge fund Brevan Howard.
The annual conference of central bankers in Jackson Hole has excluded more investment bankers this year.
Hedge fund bonuses are not what they once were, but still offer enough for a three-bed property in Cornwall.
Morning Coffee: 2014 analyst bonuses fall to a mere $55k, UK hedge fund bonuses slip by £127k in two years
Investment banks are refusing to bolster bonuses for junior recruits despite hiking up base pay.
Python is one of the most sought-after skills in financial technology today and banks are willing to pay a premium for it.
Taking a high-paying job in investment banking is all very well, but it's nothing without job security. Here's an extensive list of finance jobs that pay six-figures, but offer a greater degree of career solidity.
Nomura has hired another managing director for its trading business. This time, he joins from a high frequency trading firm.
Investment bankers are working as hard as ever and the prospect of riches is ever more distant. No wonder there's a retention problem.
Which roles in the financial sector will ensure that you earn good money from the outset?