Too greedy ?

2021-08-10

Too greedy ?

Investment bankers to get biggest checks in decade as Wall St. bonuses jump - report

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Comments

Duckwin
2021-08-10
Duckwin
will think further evaluation is required. of course bonuses should be given in good times and as a form of compensation. then again, need to know what has improved
Brandon2207
2021-08-10
Brandon2207
Done

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Banks will communicate and begin paying out bonuses to staff from January next year.</p>\n<p>In recent months, big banks have stepped up pay for investment bankers, particularly first and second year workers, to compensate them for a workload that is grueling even by industry standards.</p>\n<p>While money is nice, it may not be enough to make staff happy, said Johnson.</p>\n<p>\"It's not really all about the money,\" he said. \"They feel overworked with no end in sight.\"</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Investment bankers to get biggest checks in decade as Wall St. bonuses jump - report</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nInvestment bankers to get biggest checks in decade as Wall St. bonuses jump - report\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-08-10 09:34</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>NEW YORK, Aug 9 (Reuters) - Most Wall Street workers can expect double-digit increases in bonuses this year compared to 2020, while investment bankers could see the biggest checks in roughly a decade, according to a report by compensation consulting firm Johnson Associates Inc.</p>\n<p>Last year, Wall Street bonuses were flat-to-down due to the economic hit from COVID-19 lockdowns, but this year's bounce back shows that financial executives feel their businesses have recovered since the pandemic wiped $21 trillion off the markets between February and March last year, Johnson said.</p>\n<p>\"The industry has performed at a level that last year we thought was impossible,\" said Alan Johnson, whose report is closely watched by financial professionals.</p>\n<p>Investment bankers will take home the biggest bonus checks in around a decade, thanks to an unprecedented surge in deal making this year, he estimates. Bankers who do underwriting work could enjoy a 30-35% increase in their 2021 bonus, while bankers who handle advisory work and equity sales and trading professionals could get 20-25% increases, he estimates.</p>\n<p>Asset managers, hedge fund and private equity workers could see increases of 10-15%, while fixed income traders, retail and commercial bankers should expect bonuses to be flat, Johnson said.</p>\n<p>The analysis is based on second quarter results from 10 asset management firms and eight major investment and commercial banks. Banks will communicate and begin paying out bonuses to staff from January next year.</p>\n<p>In recent months, big banks have stepped up pay for investment bankers, particularly first and second year workers, to compensate them for a workload that is grueling even by industry standards.</p>\n<p>While money is nice, it may not be enough to make staff happy, said Johnson.</p>\n<p>\"It's not really all about the money,\" he said. \"They feel overworked with no end in sight.\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MS":"摩根士丹利","JPM":"摩根大通","BAC":"美国银行","GS":"高盛"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2158440044","content_text":"NEW YORK, Aug 9 (Reuters) - Most Wall Street workers can expect double-digit increases in bonuses this year compared to 2020, while investment bankers could see the biggest checks in roughly a decade, according to a report by compensation consulting firm Johnson Associates Inc.\nLast year, Wall Street bonuses were flat-to-down due to the economic hit from COVID-19 lockdowns, but this year's bounce back shows that financial executives feel their businesses have recovered since the pandemic wiped $21 trillion off the markets between February and March last year, Johnson said.\n\"The industry has performed at a level that last year we thought was impossible,\" said Alan Johnson, whose report is closely watched by financial professionals.\nInvestment bankers will take home the biggest bonus checks in around a decade, thanks to an unprecedented surge in deal making this year, he estimates. Bankers who do underwriting work could enjoy a 30-35% increase in their 2021 bonus, while bankers who handle advisory work and equity sales and trading professionals could get 20-25% increases, he estimates.\nAsset managers, hedge fund and private equity workers could see increases of 10-15%, while fixed income traders, retail and commercial bankers should expect bonuses to be flat, Johnson said.\nThe analysis is based on second quarter results from 10 asset management firms and eight major investment and commercial banks. 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