bankers

Wall Street investment bankers can expect bonuses to shrink 15%-25% this season

Banking / Joseph Scott / November 24, 2023 / bankers, bonuses, Expect, Investment, season, shrink, Street, Wall

Good morning. Looks like this won’t be the year of big Wall Street bonuses. An industry analysis released on Tuesday by Johnson Associates, Inc., a New York-based compensation consulting firm, finds bankers’ bonuses will decline or be mostly flat. But there are some exceptions, like high-performing wealth management professionals, who are in high demand. A […]

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Banking

Investment bankers see dealmaking lull storing pent-up demand

Banking / Joseph Scott / November 11, 2023 / bankers, dealmaking, demand, Investment, lull, pentup, storing

[1/8]Stephan Feldgoise, co-head of global M&A for of Goldman Sachs, speaks at the ReutersNEXT Newsmaker event in New York City, New York, U.S., November 8, 2023. REUTERS/Brendan McDermid Acquire Licensing Rights NEW YORK, Nov 8 (Reuters) – Some of the world’s top investment bankers said on Wednesday that a drop in corporate dealmaking in 2023

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Banking

Wall Street bankers hope for dealmaking rebound after boom and bust

Banking / Joseph Scott / October 5, 2023 / bankers, boom, bust, dealmaking, hope, rebound, Street, Wall

Wall Street bankers are eagerly anticipating that a rebound in dealmaking activity will raise bonuses and morale after more than a year in the doldrums, but fear that a return to the industry’s 2021 peak remains a long way off. Even for a business such as investment banking marked by feast-to-famine swings, the past four

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Banking