Investment bankers working on debt underwriting may see bonuses climb by 25% to 35% this year, and bankers handling initial public offerings could see a 20% to 30% jump in 2024, Johnson Associates, a Wall Street compensation analysis firm said in a report.
Strong growth in debt issuance, and IPO activity that has already raised more this year than in all of 2023, are the main reasons for higher compensation.
Source: REUTER
