We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Bonus round

2 November 2011 By Peter Thal Larsen, Margaret Doyle

Earnings fell sharply in the third quarter. Several banks are already axing jobs. Others will sit tight, worrying about missing a rebound. But the industry has too much capacity for an era of higher capital requirements and lower revenue. Reality is bound to sink in this winter.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)