London Bankers Face Leaner Bonuses Than New York

Bankers in London, the hub for securities firms in Europe, are bracing for lower bonuses compared with New York counterparts as earnings from the region plummet and pressure to tighten compensation mounts.

U.S. Stocks Halt Five-Day Slide: Is the Selloff Over?
21:38 - Julian Emanuel, UBS equity and derivatives strategist, discusses the performance of U.S. stocks with Bloomberg's Betty Liu on "Bloomberg Markets." (Source: Bloomberg)
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