Wall Street bonuses expected to rise for first time since 2021: report [Yahoo! Finance]
JP Morgan Chase & Co. (JPM)
Last jp morgan chase & co. earnings: 4/14 06:43 am
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Source: Yahoo! Finance
Bonuses are expected to rise after recent months saw an uptick in deal-making, the Federal Reserve cutting interest rates and the stock market surging to record highs. "This year has been surprisingly good, and the industry is quite optimistic about 2025, especially with the potential of announcing more M&A deals," the firm's founder, Alan Johnson, told Reuters. Although bonuses are rising for the first time in three years, they will remain below the record levels they reached in 2021, when, Johnson noted, there was "abnormally good" revenue and compensation. Jpmorgan Chase's Jamie Dimon Says 'Time To Fight Back' Against Bureaucrats Investment bankers working in the debt underwriting sector will see the largest increase in bonuses compared to their peers in other fields, increasing by 25% to 35% because of what Johnson Associates noted were revenues booming due to debt issuance growth. Read On The Fox Business App Equity underwriters are expected to see bonuses rise by 15
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JPM
Earnings
- 10/14/24 - Beat
JPM
Sec Filings
- 11/13/24 - Form 424B2
- 11/13/24 - Form 424B2
- 11/13/24 - Form 424B2
- JPM's page on the SEC website