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Banker Bonuses Exclusive: The 2024 Krugman Insights Outlook

This year’s bonus season across London and Wall Street is expected to bring disappointing news for investment bankers and equities sales and trading teams.

London’s Banking District, Canary Wharf. Bonuses This Season Bring Disappointing News for Bankers and Traders, while Retail Banking Holds Promise. PHOTO: ALP/Pexels

A decline in global mergers and acquisitions activity, coupled with cost-cutting measures implemented by banks, will likely result in a smaller bonus pool for these teams compared to previous years.

Asset management groups, including Macquarie, could also feel the impact as they struggle

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