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Wall Street bonuses are set to soar as volatility breathes new life into trading desks once left for dead

Business Insider   

Wall Street bonuses are set to soar as volatility breathes new life into trading desks once left for dead
Finance1 min read

Wolf of Wall Street Money Leo Dicaprio

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Leonardo DiCaprio in Wolf of Wall Street.

  • "Substantial growth" in trading and equity underwriting across Wall Street points to good news come yearend, when employees learn what they will get for bonus pay, according to a new report from Johnson Associates.
  • Equity sales and trading personnel may see incentive pay surge 15% to 20%, while fixed-income colleagues may see a 5% to 10% bump.

Wall Street workers who trade stocks or derivatives linked to equity markets may see annual bonuses surge as much as 20% as market volatility picks up and more startups head to the public markets to sell shares, according to a new report.

People who work in sales and trading, regardless of their product area, are in line for a strong year, compensation consultant Johnson Associates said in its second-quarter report. At this rate, equities personnel will see incentive compensation climb ...

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