Johnson: underwriters in line for bonus boost

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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