Wall Street bonuses to be bumped by as much as 35% this year
NY Post
Wall Street’s bankers are on track to pocket some serious bonus checks this year as revenues soar and firms up the ante to retain talent.
Wall Street’s legions of financiers, analysts and dealmakers — many of whom have already benefited from recent pay increases — can now expect double-digit bumps to their year-end bonuses, according to newly released data from compensation consulting firm Johnson Associates. Bonuses for 2021 will be higher by as much as 35 percent in some cases with the biggest boost going to investment banking underwriters amid a surge in multi-billion-dollar deals, like Discovery and NBCUniversal, the data shows.More Related News
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