Bonuses for Traders, Hedge Fund Managers Seen Falling in ‘16

(Bloomberg) Bonus pools could decline by as much as 20 percent for some Wall Street workers this year, with incentive pay falling at almost every type of financial-services firm, according to compensation consultant Johnson Associates Inc.

The sharpest drop probably will be in fixed-income sales and trading, as well as investment-bank underwriting, which may tumble 15 percent to 20 percent from a year earlier, Johnson Associates said Tuesday in a report.

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