Johnson: underwriters in line for bonus boost

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By Jasper Cox
11 Aug 2020

Bankers in advisory, as well as the management at banks, are likely to receive lower bonuses this year, according to Johnson Associates, a compensation consultant for the financial sector. However, traders and bankers working in underwriting are in line to enjoy a boost.

“[A] dramatic market recovery has alleviated fears of [a] catastrophic year for financial services pay,” the consultancy said. But it still foresaw decreases in bonuses across the buy-side and some parts of banking for this year, compared with last.

However, it predicts incentive funding to rise by 15%-20% ...

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