Investment banks eye 2025 income boom as Trump drives deal rebound

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Investment banks eye 2025 income boom as Trump drives deal rebound - Business Standard

Quick Summary:

New York-based pay consultancy Johnson Associates said last month it expected banker salaries to rise in almost every business unit, with the exception of real estate investing.

Headhunters are also reporting new hiring mandates from some banks following Trump's re-election, and a focus on adding staff in the first quarter, traditionally a time when most banks look to reduce headcount.

While rainmakers are getting busier, bankers managing debt sales for companies and governments could also see a jump in activity, bringing in as much as $49 billion, a new record, according to Coalition.