Top Wall Street Banks Paid Out $142bn in Pay and Benefits Last Year

“The reaction [from bankers] usually would be very positive after this kind of pay year — we’ve told our clients to expect so-so to OK,” said Alan Johnson, managing director of Johnson Associates, a pay consultancy in New York. “The view is, I got paid a ton of money for ’21 but, boy, I earned it and I’m exhausted.”

Financial Times / January 20, 2022

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