For all the talk of a clampdown on bonuses, investment bankers are optimistic their payouts will rise next February. But there may be a hefty price to pay.
Brokers are leaving brokerages as declining assets demonstrate how their models are broken.
Deutsche Bank ponied up more compensation for its Investment bankers this year than Goldman Sachs has.
Blackstone, Carlyle demonstrate cheap debt is the way to go. [NY Times]
To gauge its efforts to generate growth, the Fed has reached out to bond dealers and investors to project the scope of central bank asset purchases in the next six months. [Bloomberg]