Wall Street Bonuses Projected to Surge by Up to 35% in 2024

Investment bankers, particularly in debt underwriting, are expected to see significant increases in bonuses after two stagnant years.

Debt underwriters could see bonuses rise by 25% to 35% due to increased deal activity.
Equity underwriters are forecasted to receive 20% to 30% higher bonuses as IPOs rebound.
Hedge fund staff may see a 5% to 15% increase in bonuses, driven by stronger performance.
Wealth and asset managers can expect bonuses to grow by 5% to 10%, benefiting from market appreciation.
Market volatility and economic uncertainties could still impact final bonus payouts.