With investment banking earnings set to improve this year, many executives will, despite government intervention, get bigger bonuses this year, according to compensation consultant
In fact, the consultant said, bonuses may rise as much as 20% to 30%, helped by improvements in commodities, currencies, derivatives and interest-rate products. However, those who work in underwriting and advising may not fare as well, with their bonuses decreasing between 15% and 20%, according to Johnson Associates. And bonuses for those who work in asset management may drop 25% to 35%.
