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https://www.efinancialcareers.com/news/2023/02/barclays-bonuses

This is very bad news from Barclays. The largest investment Bank in Europe is Barclays and they are typically able to withstand double-digit layoffs or other European Banks experience difficulties. I expect that investment banking revenues are down across the board at all investment Banks and that will translate into lower bonuses at all of the major players from Amsterdam to London. We will see how some of the small independent equity research providers do in Europe post mifid legislation now by a few years. The problem is that trading revenues are most likely down as well. This financial note is written by Edward A Storm