Wall Street expected to see second year of declining bonuses: report

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Wall Street expected to see second year of declining bonuses: report

Mergers and acquisitions slowed this year, and companies delayed going public, which pressured bank fees. Overall year-end incentives, which include cash bonuses and equity awards, may decline on Wall Street across the board by 5 percent to 10 percent from last year, the report said. "All signs are pointing to a disappointing end to an overall lackluster year on Wall Street,” said Alan Johnson, managing director of Johnson Associates, which conducted the study.
People sit outside the NYSE during the morning commute


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