I think my estimate of 1Mio jobs lots in the Financial Industry worldwide is looking more and more plausible...

I guess the response will be 0

Response: 100%

<t>what do you reckon are traders expectations list 2008?I think we went from:" I am worth at least 10% of the PNL on those exotic credit derivatives that are now estimated by the model (maked to model) at .... Millions USD/GBP or I go to somewhere slse...""I want to keep my overpaid job at any cost...

<t>And the numbers of layoff is growing... 10% was a bit conservative as it appears. Once the UK property market in the UK collapse (which I think is imminent) the UK banks will have to slash jobs like there is no tomorrow... The pound is the next, I think GBP/USD might get below 1.5 in one year fro...

<t>Hi All, the fact that I haven't received any text to the question below indicates really how the Quant community on Wilmott forum is blind. I do think that "Quants" should better recycle in math or physics where they belong. But the incentive of money is so powerfull that even the brighthest amon...

<t>when I estimate 1mio jobs lost in the investment banking worldwide i don't just mean in M&A and Trading but also in other areas:Compliance, Risk Mgt (which proved to be useless again to avoid the big desaster), Back Office, Front Office (Sales and Traders and structurers), IT (support, develo...

<t>and more and more HF are going bust. My prevision is that at least 1 million employees in the Investment banking side are going to loose their jobs this year. We are talking about business management, traders, sales, support and back office.Number one to be affected will be NY then London. The pr...

Who is betting at least a franchise will disappear (be it via a merger or take over ).What are the odd's for those name to vansish?Morgan Stanley (MS) ?Merril Lynch (ML) ?Lehman Bros (LEH) ?Moreover how would you calculate this odd?

Looks my call was right. Possibly 2008 will even get worse in terms of Bonus expectations...

<t>That is not what we see in the headlines:FT.COM --> "Banks to pay more of bonus in sharesBy Lina Saigol, European M&A Correspondent "Published: November 13 2007 18:59 | Last updated: November 13 2007 18:59Leading investment bankers across Wall Street and the City of London will have up to 70 ...

Hi Fellow investment banks, Traders, Quants and IT.Just for my interest, do you think the bonus will come short of expectation this year due to subprime or not?

<t>1) to begin with, i'd like to point out the fact that the biggest employers in the City of London have trouble with their balance sheet and this is likely to get a lot worse before it get better. Yes I'm talking suprime here.2) Second, UBS did alread mentionned that they intend to cap bonus to 75...

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