-
View quote in context »
The analysis shows that year-end incentives, which include cash bonuses and equity awards, are projected to increase by an average 40 percent at investment and commercial banks, but incentives for the rest of the financial services industry, including asset management, alternative investments and insurance will decline by approximately 20 percent. "This year will be one of the most uneven for Wall Street bonuses we've seen in a long, long time" said Alan Johnson, managing director of Johnson Associates. Full Article at Street Insider
This year will be one of the most uneven for Wall Street bonuses we've seen in a long, long time
– -
However, as the industry and economy improve, many challenges lie ahead given the proposed pay regulation and closer scrutiny that is being given to Wall Street pay.
SOURCE: Street Insider -
We are now expecting to see an uptick in hiring on Wall Street, starting as early as the first part of next year. This, of course, will create some retention issues for many firms, especially those which provided smaller bonuses this year
SOURCE: Street Insider -
Without question, Wall Street is showing signs of steady improvement and we are seeing many professionals benefit financially from it
-
The improved trading performance we are seeing at investment and commercial banks this year is translating into significantly higher bonuses for traders. However, bonuses will be down sharply again for professionals at asset management firms and hedge funds, whose performance has stabilized somewhat but...
SOURCE: Street Insider
– 
