Wall Street bonuses to rise this year as deals return, says report

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Wall Street bonuses to rise this year as deals return, says report

By Tatiana Bautzer NEW YORK (Reuters) – Bonuses are poised to recover on Wall Street this year, fueled by strong equity market gains and recovery in investment banking, according to financial services compensation firm Johnson Associates. Investment bankers helping companies issue debt are expected to have the highest raises in bonuses this year, from 15% to 25%, as companies sell record volumes of debt. As initial public offerings come bac…