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Goldman Sachs: Bonus Hike Despite M&A Slowdown

Goldman Sachs, a prominent Wall Street bank, has announced plans to raise bonuses for its investment bankers by up to 10% this year, despite a challenging period that involved significant job cuts.

Goldman Sachs intends to retain its top dealmakers and has allocated a larger bonus pool for 2023, with a focus on rewarding high performers. Photo: Getty Images

While average bonus payouts are expected to increase by single digits, some bankers could receive raises of up to 30% as an incentive to remain with the company.

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