Wall Street Compensation & Benefits Association (WSCB)
Location: New York City
Rewind of 2006 and the Financial Services Bubble (Speech)
March 2007
Johnson Associates projects significantly increased compensation versus 2005. Fixed income / trading strength and clearly improved investment banking. Impact of hedge funds and private equity impacting positive trend. There was a greater increase in staffing, with a focus on high-end talent. Bubble compensation pressures are building, with hedge funds and private equity paying outlier amounts.