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Falls of up to 25% seen for US banker bonus payout

Published Fri, Aug 12, 2016 · 09:50 PM
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New York

BANKERS involved in debt and equity underwriting are facing bonus cuts of up to 25 per cent due to a slowdown in initial public offerings and debt underwriting this year, according to a report by Johnson Associates, a New York-based executive compensation firm.

Bonus payments for work done in 2016 are usually paid in the first quarter of 2017.

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