Traders Poised for Soaring Bonuses While Dealmakers to See a Dip
- Bond traders could see payouts jump 45% in banner year
- Wall Street units have offset slumps in other businesses
This article is for subscribers only.
Traders who carried their Wall Street units to the best year in a decade are poised for handsome bonuses. Many of their colleagues won’t be so fortunate.
Bond traders could see their year-end bonuses rise 45% or more from last year, while equities traders could see a 25% jump, according to a closely watched survey from compensation consultant Johnson Associates Inc. Debt and equity underwriters will also see a jump of 40% or more, the firm said.