Bonus Anxiety Disease (BAD) is back

It's back - Bankers Anxiety Disease (BAD).

We all thought it was a bit of a joke when we first heard of it a few years back, but bankers who stress about the size (or lack) of their bonus cheques do check in with their shrinks for help with this condition. 

Symptoms include poor appetite, the inability to sleep and focus and an unhealthy obsession about the size of the annual bonus (or the likely size of the bonus in comparison to that given to a close work colleague or 'rival'). And this year, of course, the pressure is even greater. As we head for a record year in M&A, many investment bankers are hoping for good things on the bonus front, while fixed income traders and most of the rest of the market are likely to be flat on 2014 - at best. And this pressure translates into more bankers suffering from BAD.

Ironically, bankers would probably find that they'd get bigger bonuses if they stopped worrying about the size of their wads, and just got on with their jobs!

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