Updated
Updated · Bloomberg · Aug 5
Wall Street Bankers Set for 10%-15% Bonus Rise as Dealmaking and Trading Lift Earnings
Updated
Updated · Bloomberg · Aug 5

Wall Street Bankers Set for 10%-15% Bonus Rise as Dealmaking and Trading Lift Earnings

3 articles · Updated · Bloomberg · Aug 5

Summary

  • Johnson Associates projects investment and commercial bankers' bonuses will rise 10% to 15% or more after major banks posted record second-quarter earnings.
  • Strong equity trading, advisory and underwriting drove that earnings surge, with volatile markets again rewarding Wall Street's deal and capital-markets businesses.
  • Stock traders and M&A advisers are expected to fare even better than the broader banker group, extending a wider 2026 bonus upswing across big banks.
  • The forecast underscores how dealmaking, IPO activity and trading strength are outpacing other parts of finance in this year's compensation cycle.

Insights

If four in five finance jobs get bigger bonuses, why is private credit headed the other way?
Why is 2026 being called the “Year of the Bank,” and can Wall Street’s bonus boom last if IPOs and AI financing cool?