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The End of the Bonus Culture Is Coming to Wall Street

  • Bankers are switching skills to stay relevant amid automation
  • Analysts expect thousands of jobs will be replaced by tech
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WATCH: Wall Street traders are “unlearning” their expectations about bonuses as automation puts pressure on compensation.(Source: Bloomberg)

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Chris Purves has been at the cutting edge of markets for more than a decade – from algorithmic trading to machine learning.