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Bonuses in the US financial industry are set to rise significantly in 2024, with investment bankers and traders expecting double-digit increases, particularly in the corporate credit sector, where payouts could soar by up to 35%. While equity traders may see bonuses increase by around 20%, those in private and corporate client roles might experience stagnation or a decline of 5%. Despite a challenging 2023, optimism for 2025 is growing as banks anticipate their largest profits since 2021.
Alan Johnson
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Wall Street bonuses expected to rise significantly in 2024
United States Dollar
New York State Comptroller
Johnson Associates
Bloomberg
USA
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Alan Johnson
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08:48 13.11.2024
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