Banker bonuses said rising

Pot Of Gold

But it's not all good news.

Bloomberg News reports that Wall Street investment bankers can expect some hefty bonus gains this year, while traders may have to settle for little or no increase.

That’s the year-end projection from compensation consultant Johnson Associates Inc. after sedate markets helped boost business at investment banks. Fees from advising on mergers and selling stocks and bonds for companies rose at four of the five biggest firms last quarter, offsetting lower trading results. Bankers who underwrite equity and debt will probably see annual bonuses surge 10 percent to 20 percent or more, while those in retail and commercial banking can expect raises of 5 percent to 10 percent.

Their colleagues in equities trading may see yearly incentives remain flat or fall as much as 5 percent, according to estimates Johnson released Wednesday. Fixed-income traders may fare a bit better, with potential bonus gains of as much as 5 percent.

Hit the link below to access the complete Bloomberg News article:

Banker Bonuses Are Rising, But Traders Aren't as Lucky

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