Bankers Are Betting on Supersize Bonuses This Year With Profits Surging
Volatile markets and huge stock offerings have been fueling profits on Wall Street
Traders and investment bankers are reigning supreme on Wall Street, at least if you are judging by their bonuses.
Those employees work in banks’ hot spots this year and are expected to see year-end bonuses rise as much as 30% from a year ago, according to a report from compensation consultant Johnson Associates.