On Wall Street, nearly $2.5trn was wiped from the S&P 500 in the US, which lost around 5% on its worst day since 2020, while the Nasdaq sank 6%. Household names such as Dell, Apple and Ralph ...

Most Wall Street workers are expected to see some decline in compensation, but IPO bankers are estimated to see their bonuses fall the most — as much as 20% from last year — according to ...