It’s looking grim for Wall Street bonuses this year

1 year ago

220804130351 wall street bonuses cut retricted super 169 2ELneQnow-trending

Ferragamo belt-buckles are being tightened across Wall Street as bankers prepare for a gloomy bonus season. Year-end payouts, typically an outsized part of total financial industry compensation, are expected to plunge as merger and acquisitions dry up, inflation persists and recession threats grow.

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