Week of 10/30/2024: Director Bonus Watch: News You Need to Know

?? Wall Street’s Record-Breaking Earnings? Not Everyone's Impressed... ??

Yes, the headlines are full of big wins, with Wall Street firms reporting stellar investment banking earnings. But our client conversations tell a different story. ??

In this edition, get more earnings' news from Citi and Barclays and see what the NY State Comptroller Report reveals. ??

If your bonus isn’t shaping up to hit that 25%+ mark this year, it might be time to ask why. Let's dive in and get you the rewards you deserve. ?? Let’s talk. ??

Wall Street Year-End Bonuses Forecast

• New York State Comptrollers Office Report
• 7%?rise, the first increase in two years?

Citi Earnings

• Banking revenue increased 16% Y/Y to $1.6 billion
• $25 billion private credit partnership with Apollo Global

Barclays Earnings

• Investment Banking fee income was up 67%?
• Advisory fees were up 146%
• Investment-grade and leveraged finance was up 9%

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