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London bankers' 2015 bonuses could shrink up to 9 percent - study

London investment bankers' bonuses for 2015 are likely to fall by up to 9 percent on average from a year earlier after revenues slid in the second half of this year, a study said on Monday. Emolument, which benchmarks salaries across the industry, said bonuses for traders and other staff in fixed income, commodities and currencies (FICC) were likely to fall about 9 percent from payments made for 2014. Bonuses in the advisory and underwriting division were likely to fall by 3-5 percent from 2014, Emolument said, after a record year for merger and acquisitions was countered by a sharp fall in initial public offerings.

 

This article was published in Reuters, 7th December 2015

 

London bankers' 2015 bonuses could shrink up to 9 percent - study, published in Reuters, 7th December 2015

 

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