Press

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,…

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…

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…

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…

Bonuses at these [commercial] carriers are likely to trail other sectors in financial services, which are likely to increase in the range of 5% to 20%, according to Alan Johnson, founder of Johnson Associates, a compensation consulting firm… Another challenge, when it comes to compensation is that some insurance companies are more diversified than others,…

Chris Connors of Johnson Associates, a New York-based financial services remuneration consultancy, notes that the surge in earnings was also seen in his firm’s data. He says it was caused by higher initial pay amid fierce competition for recruits, subsequent increases linked to high inflation and a recent rise in bonuses after two stable years.…

Many private-equity firms are “a bit heavy on head count” after more than a decade of continual growth and hiring, said Chris Connors, a principal at Wall Street compensation consultant Johnson Associates. Now some firms are focused on “curtailing expenses and cost management,” in some cases by replacing senior with junior employees or not filling…

“As businesses have become more diversified and global, some of the non-revenue-generating roles at insurers and other large financial services companies have gotten significantly larger and you’re seeing this manifest in proxies,” said Chris Connors, a principal at compensation consulting firm Johnson Associates. These roles often include chief legal officer, chief technology officer, chief operating…