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Banking, Economy

“Wall Street bankers and traders are in line for the biggest bonus increases since 2009”

  • Wall Street is set to see the biggest bonus increases since the Great Recession after a busy and profitable 2021, according to a report from pay consultancy Johnson Associates.
  • Overall bonuses for investment banking underwriters are forecast to jump 30% to 35% from the year prior, while investment banking advisors and equities traders can expect a 20% to 25% year-over-year bonus increase.
  • A sharp rebound in business activity this year has translated to unprecedented workloads for Wall Street professionals — and a competitive job market as companies fight to retain top talent and nab new hires.

https://www.cnbc.com/2021/11/16/wall-street-is-set-for-biggest-bonuses-since-great-recession-report.html

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