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Month: November 2022

It’s looking grim for Wall Street bonuses this year

By Nicole Goodkind, CNN Business Ferragamo belt-buckles are being tightened across Wall Street as bankers prepare for a gloomy bonus season. Year-end payouts, typically an outsized part of total financial industry compensation, are expected to plunge as merger and acquisitions dry up, inflation persists and recession threats grow. What’s happening: Bankers who help consolidate companies

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