Investment bankers gear for weakest bonus pool in years

  • 📰 FinancialReview
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 90%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

ANALYSIS: Wall Street deal makers reckon it’s been the “worst year” in decades and expect bonuses to be significantly down from 2021.

, should also see their bonuses sliced in half from a year ago as investors shy away from deals in riskier pockets of the capital markets.A and debt capital markets were expecting a roughly 20 per cent dip in bonuses.

Investment banks – wary of losing their overworked, top talent – rewarded their bankers with gargantuan bonuses that were paid just nine months ago. And the banks are still paying for it.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in AU

Australia Australia Latest News, Australia Australia Headlines