After two lackluster years, Wall Street bonuses are poised to jump in virtually every sector of the industry, with debt underwriting likely to be the biggest winner.
Bankers who help companies sell debt may see payouts swell as much as 35%, as deals pick up and capital markets rebound from multiyear lows, according to a report Thursday from compensation consultant Johnson Associates Inc. Equity underwriters are close behind, with gains of as much as 30% predicted.
Bloomberg / August 8, 2024