Reuters reveals Goldman, JPMorgan award bumper bonuses to top bankers - Reuters News Agency

Reuters reveals Goldman, JPMorgan award bumper bonuses to top bankers

Reuters reported exclusively that Goldman Sachs and JPMorgan Chase, Wall Street’s premier investment banks, informed staff of bumper bonuses for 2021, following a record-breaking year for Wall Street dealmaking. Goldman Sachs increased its annual bonus pool for top-performing investment bankers by 40% to 50%. JPMorgan Chase, the largest U.S. bank, increased its annual bonus pool for top-performing investment bankers by 30% to 40%. Record levels of deal-making and trading activities have driven profit at investment banks this year as economic stimulus measures helped propel stock markets globally to all-time highs.

Article Tags
Type: Reuters Best
Sectors: Business & FinanceEquities
Regions: North America
Countries: US
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story
FILE PHOTO: Workers are reflected in the windows of the Canary Wharf offices of JP Morgan in London September 19, 2013. REUTERS/Neil Hall/File Photo
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