Wall Street Bonuses Due To Rise 5% To 10%

When Wall Street firms announce their 2013 bonuses in December and January, employees will see an average bump of 5% to 10%, according to a closely watched compensation survey put out by New York compensation consultants Johnson Associates, which releases three Wall Street pay reports a year. To collect its data, the company queried eight…

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Johnson Associates: Managers’ Bonuses Expected to Jump 10% to 15%

Money management professionals can expect to see a jump of 10% to 15% over last year’s bonus payouts, according to projections from compensation consultant Johnson Associates.The projection matches Johnson’s preliminary estimate of the same range in May. Incentive payouts for professionals in hedge funds, equities, private equity and prime brokerage will increase anywhere from 5%…

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Wall Street Bonus Outlook Is Mixed Bag

Wall Street’s bonus season should be a good one for those who manage other people’s money. But for many bond traders and merger bankers, 2013 could be a year to forget.  Year-end bonuses among 18 large banks, securities firms and asset managers could rise 5% to 10% this year, paced by higher payouts for asset-management and…

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Wall Street Bonuses to Rise 5 to 10 pct This Year -Consultant

Wall Street’s biggest risk takers – its bond traders – will probably see their bonuses drop this year, while people in safer roles, such as money managers, will likely get a boost, according to a forecast by compensation consulting firm Johnson Associates. Overall, it said, individual Wall Street bonuses may rise 5 to 10 percent,…

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Banks Face a Profit Squeeze

The nation’s biggest banks are getting squeezed from almost every direction, quarterly reports show, from slumping mortgage demand to a sluggish economy and tumultuous bond markets. The result has been a lackluster third quarter for lenders from behemoths like J.P. Morgan Chase JPM +0.62% & Co. and Citigroup Inc. to regional banks such as PNC Financial Services…

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For U.S. Bond Traders, the Grinch May Steal Bonuses

Overall, bonuses on fixed-income, currency, and commodity trading desks will likely be down 10 percent to 15 percent, said Alan Johnson, head of the Wall Street compensation consulting firm Johnson Associates. It could be the third or fourth year in a row in which some Wall Street bond traders get $0 bonus checks, he added. Just…

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The Morning Risk Report: Rip Van Regulator?

As reported yesterday by the Wall Street Journal, Daniel P. Stipano, deputy chief counsel, Office of the Comptroller of the Currency, called on banks to tie compensation to compliance, and said, “If you don’t do that, you’re really just engaging in empty talk.” The reaction from some in the industry: where have you been for the…

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Wall Street Bonuses to Increase 10% – Traders to Trump Investment Bankers

Wall Street is highly profitable again, but cost-cutting and regulatory pressures should keep compensation totals from increasing at near the same rate. We talked to Alan Johnson, founder of compensation-consulting firm Johnson Associates Inc., to discuss the presumed winners and losers of 2013 and the potential impact of EU bonus on both sides of the pond.…

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Consultant Relations Pros Shun Long-Term Comp

Consultant relations professionals are resisting calls to make their compensation more long term to align it with the duration of their clients’ investments, recruiters say, following recent European proposals along those lines that would have affected U.S. managers with E.U. arms. In July, the European Union rejected legislation that would have capped asset managers’ bonuses…

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