Finance
Bye-bye bonus, bye-bye
Investment banks will have to slow down the millionaires’ conveyer-belt
Nov 17th 2011
Thursday May 24th 2012
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As a productive member of society... this breaks my heart.
your terms are confused.
traders trade a banks (or firm's) proprietery account.
investment bankers (true investment bankers) structure and manage deals (ipos, mergers & acquisitions, etc)
commercial bankers deal with loans (typically non real estate related)
mortgage bankers deal with real estate related loans
at the so-called 'banks', not all people will be affected in a similar manner.