Wall Street bonuses for debt underwriters may rise up to 35% this year due to increased debt issuance and IPO activity.
Wall Street bonuses could rise up to 35% this year, particularly for debt underwriters, according to Johnson Associates. The boost is attributed to an increase in debt issuance and IPO activity exceeding 2023's total. Investment banking revenues are still below peak levels, but activity is picking up. Equity and fixed-income sales and trading areas are also expected to see higher bonuses for bankers.
August 08, 2024
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