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

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The story "Wall Street bankers on course for up to 35% bonus bump" was covered 1 days ago by Financial Times, a news publisher based in United States.

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Financial Times 1d ago

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

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.