Nov
07
Wall Street Bonus Prospects Brighten After Trading Bounce
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Incentive pay seen falling as much as 10% for fixed income
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Decline compares with May estimate for a drop of up to 20%
For Wall Street’s bond traders and investment bankers, prospects for year-end bonuses are improving.
Incentive pay for fixed-income sales and trading personnel may fall as much as 10 percent and may even hold steady compared with last year, compensation consultant Johnson Associates Inc. said in a report Monday. That’s better than the 10 percent to 15 percent decline projected in August and a drop of as much as 20 percent expected in May…
Wall Street Bonus Prospects Brighten After Trading Bounce
