No bulging stockings for Wall St bankers this Christmas
Bright spots seen for certain titans but, for most of the industry, it is likely to be a disappointing year
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A FEW corners of Wall Street are expecting big bonuses, but for most of the industry, it is likely to be a disappointing year.
The year-end payouts could drop as much as 10 per cent for the trading desks and hedge funds that not long ago were the centres of gravity on Wall Street, according to an annual survey by the compensation consulting firm Johnson Associates.
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