(Bloomberg) JPMorgan Chase & Co. plans to increase annual bonuses at its corporate and investment bank, as a growing number of Wall Street firms share proceeds from a busy year, according to a person briefed on the decision. Average percentage increases will be in the mid-single digits, with equities traders and investment bankers probably getting more than that, the person said. The division accounts for about a third of the firm’s revenue.
JPMorgan to Boost Bonus Pool for Stock Traders, Bankers
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