Many Wall Street executives expect bonuses to decline

10/10/2011 | Bloomberg

An survey found that about 80% of financial professionals on Wall Street expect bonuses to remain the same or drop over the next three years because of new regulations and weak markets. However, about 41% of respondents said their own bonuses will be higher this year. "Employees at the large investment and commercial banks are definitely more negative around expectations this year and the next three years, and that reflects the reality of what the large banks are dealing with," said Constance Melrose, managing director of eFinancialCareers North America.

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