Wall Street bonuses expected to drop as much as 25% this year as dealmaking dries up

15-11-2023 Business NY Post - Business 30

This year will be another bummer on Wall Street, with bankers facing bonuses that could shrink as much as 25% as dealmaking dries up amid surging interest rates, according to a new survey. Investment bankers will get hit hardest, with year-end bonuses dropping between 15% and 25%, according to Johnson Associates, the compensation consulting firm...

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