Johnson Associates: Wall Street bonuses seen rising for a third straight year, with equities traders and bankers up 20% to 30%

Consultancy Johnson Associates says Wall Street pay is set to rise for a third straight year as big US banks post record profits. Year-end incentive pay for equities traders and equity-financing bankers may rise 20% to 30% or more; M&A advisers up to 20%; bond traders 7.5% to 12.5%; bond underwriting 5% to 10%; retail and commercial banking up to 7.5%; wealth management up to 12.5%; and asset management up to 14%. Managing director Alan Johnson is cautious about 2027.