Hope you haven't spent that bonus.
Dealmakers are lobbying hard with their bosses for a bigger slice of a shrinking pie, according to insiders and compensation experts. The average bank bonus pool has plunged 30% since 2009.
“They can lobby their departments, and that is all happening right now,” said Scott Rostan, chief executive of Training The Street, a financial training firm.
Investment bankers may see a drop up to 20 percent. Equity traders face rewards down 5 to 15 percent; debt traders down 10 percent to flat.
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