Wall Street Bonuses Surge for First Time Since 2021

Investment bankers and traders are set to receive substantial year-end bonuses, reflecting a strong financial year and optimistic outlook for 2025.

Bonuses for debt underwriting investment bankers are projected to increase by 25% to 35%, the highest among Wall Street sectors.
Equity underwriters and traders are expected to see bonuses rise by 15% to 25%, buoyed by a booming stock market and increased deal-making.
The financial sector's resurgence follows a period of lower bonuses due to high interest rates and market volatility in previous years.
Retail and commercial bankers are likely to see flat or decreased bonuses, contrasting with the broader trend of growth in the financial industry.
Optimism for 2025 is fueled by expectations of regulatory changes and a continued strong performance in mergers and acquisitions.