Crisis Jolts Wall Street Bankers Already Resigned to Tough Job Market
“It’s not a dire scenario, but banks are paring back the excesses from the last years and feel they are moderately overstaffed,” said compensation consultant Alan Johnson, who owns a consultancy that specializes in Wall Street pay… Compensation was even lower for U.S. investment bankers, whose bonuses shrank about 30% to 50% from 2021 as…