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‘There Are a Lot of Unhappy Faces’: Banks’ Bumper Bonus Round Divides Staff
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…
Read MorePrivate-Equity Pay Growth Disappoints as Industry Slumps
“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…
Read MoreWall Street Welcomes Back Fatter Bonuses
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…
Read MorePrivate Credit Competition to Drive Bonus Bump
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…
Read MoreSome Wall Street Bankers to Get Fatter Bonuses For the First Time in Three Years: Study
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…
Read MoreWall Street Bonuses Will Rise For the First Time Since 2021, Consultant Says
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,…
Read MoreWall Street is Bullish About Bigger Bonuses Again
“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,…
Read MoreWall Street Banker Bonuses Forecast to Rise 35% This Year
Bonuses for Wall Street’s investment bankers are forecast to jump as much as 35% this year – although experts have warned that payouts could be knocked by stock market volatility and an economic slowdown in the US. Investment bankers who work in debt underwriting are expected to see the biggest rise, with bonuses forecast to…
Read MoreWall Street’s 2024 Bonuses Will Be Higher — If the Market Behaves
Following strong second-quarter results, professionals in almost all corners of finance are estimated to receive bonuses as much as 35 percent higher than they did last year, according to a report by Johnson Associates, the New York-based compensation consultancy. Investment bankers have the most to look forward to. Debt underwriters could get year-end bonuses that are…
Read MoreWall Street Bonus Watcher Says Some Payouts Will Jump Up to 35%
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…
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