Wall Street bankers on course for up to 35% bonus bump

Quick Summary:

Even before last week, optimism was building that 2025 would be a good year for the financial services industry.

An analysis by New York-based pay consultancy Johnson Associates, published on Tuesday, showed that pay for 2024 is expected to jump across every business area except real estate investing, and retail and commercial banking.

Wall Street bonuses are on course to rise by as much as 35 per cent this year, as bankers eye even greater potential payouts under a second Donald Trump presidency.

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Article Details

Author / Journalist: Joshua Franklin

Category: MarketsFinanceInvesting

Markets: United States

Topics: Fees Year Debt Investment Financial Bankers 2024 Banking Data Johnson Cent

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-12 @ 11:00:35 (1 weeks ago)

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Article Length: 567 words

Reading Time: 4 minutes read

Sentences: 23 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Financial Times

News ID: 23560530

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About Financial Times

Main Topics: MarketsFinanceInvesting

Official Website: ft.com

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Year Established: 1888

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News Last Updated: 16 hours ago

Coverage Areas: United States

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