Wall Street

Wall Street traders have had a tough year - and it's eating into their bonuses

5 monthes ago   |   By

REUTERS/Brendan McDermid Less-than-stellar Wall Street trading results will likely have an impact on this year's bonuses.
While investment bankers will probably see big jumps in their annual bonus, securities traders likely won't get the same increase - and could even see a 5% drop, according to a new report from HR consulting firm Johnson Associates.
The data was first reported by Bloomberg News' Sarah Ponczek:
Fees from advising on mergers and selling stocks and bonds for companies rose at four of the five biggest firms last quarter, offsetting lower trading results. Bankers who...
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