Business Insider
US · 2 hrs ago
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Investment banks are back on top as private equity loses its grip on Wall Street's biggest paydays
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Investment banks are expected to offer larger year-end bonuses than private equity firms in 2024, with investment bankers potentially receiving 10% raises compared to 5% at PE firms, according to a compensation consultancy report.
Investment banks are back on top as private equity loses its grip on Wall Street's biggest paydays
A report from compensation consultancy Johnson Associates found that investment bankers could see the biggest bonus bump.
Nicolas Economou/NurPhoto via Getty Images
Big banks are expected to impress with year-end bonuses this year, according to a new report.
Investment bankers are expected to see the 10% bonus bumps, compared to up to 5% at PE firms.
AI is threatening to upend junior bankers' career pipelines, even as the broader banks excel.
After years in private equity's shadow, Wall Street
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