More NewsCity pay packets set to return to boom-time levels

City pay packets set to return to boom-time levels

Increase in merger and acquisitions activity sees bonuses up by 20% to 30% for star players in City

An increase in M&A activity over the past 18 months will see city bonuses
this year returning to boom-time levels not seen since 2000.

Investment banks are expected to increase the bonus pool by between 20% and
30% on last year, with some high-performing bankers likely to see their payouts
double.

After several relatively lean years, employers are finally looking to reward
their star performers, with bankers in M&A, equity capital markets and
leveraged finance likely to be the main winners.

Curly Moloney of the City head-hunter Maloney Search said in the Sunday
Times
that ‘the City is back to boom-time levels of bonuses’.

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