Posts by doubleup

Bankers are feeling short-changed despite a year of stellar profits While the 2024 bonus round has brought cheer to many bankers, not all were rewarded in a buoyant year for investment banking fees. “This was the year when money moved upwards, rather than the hyper-focus on juniors as in previous years,” said Alan Johnson, founder…

“There’s a more optimistic environment in private equity and financial services in general, but we’re not seeing it translate immediately into staffing build-outs,” said Chris Connors, a principal at compensation consulting firm Johnson Associates. “We’re seeing tepid hiring, with head counts flattish.” In a Nov. 12 report, Johnson Associates said 2024 bonuses in private equity…

How big a pay bump bankers and traders get will depend on the type of work they do. Those who work in the hot market for bond sales are set to see their bonuses jump by as much as 35%, according to a study by Johnson Associates, an industry pay consultant. Those who help companies sell stock…

According to a third-quarter update from Johnson Associates, private credit managers are likely to see a 10 per cent jump in their year-end payout compared with 2023. In contrast, private equity incentives are expected to be up five per cent. With banking regulation shifting momentum to private credit firms, ongoing partnerships among major banks and…

With the exception of retail and commercial banking, every major subsector in financial services has grown its revenue, according to the survey from Johnson Associates Inc. “Firms are in a strong financial position to do what they haven’t been able to do since 2021 – reward their professionals with larger bonuses,” said Alan Johnson, managing…

Wall Street firms are expected to pay heftier bonuses for this year, the first increase since a bumper year in 2021, according to a report by compensation consultancy Johnson Associates. “This year has been surprisingly good, and the industry is quite optimistic about 2025, especially with the potential of announcing more M&A deals,” he said,…

“We’re expecting this to be the second best year in the last five years,” Christopher Connors, a principal with Johnson Associates, told Yahoo Finance. “While we’re projecting bonuses to go up from 2023, it’s not quite a return to the glory days of 2021 on an absolute dollars level,” Connors added. After a record 2021,…