I applied online. The process took 2 days. I interviewed at Next Media in Apr 2011
Interview
Bank of America told senior bankers this week that the cash portion of investment-bank bonuses, the part that is payable immediately, will be paid 25% in cash and the rest in stock that vests immediately, said a person briefed on the matter. The shift applies to bonuses above $100,000.
Interview questions [2]
Question 1
Bank of America told senior bankers this week that the cash portion of investment-bank bonuses, the part that is payable immediately, will be paid 25% in cash and the rest in stock that vests immediately, said a person briefed on the matter. The shift applies to bonuses above $100,000.
Maybe they’re using “cash” in the trading sense – meaning your “spot” bonus, as opposed to your “derivative” bonus, the one forward-settling in three years?
