• Coronavirus to shrink Wall Street bonuses as much as 30 percent

    Coronavirus to shrink Wall Street bonuses as much as 30 percent

    Wall Street bonuses for 2020 could fall by as much as 25 percent to 30 percent due to the deep cuts to revenues recorded by banks and hedge funds earlier this year as a result of the novel coronavirus, according to a report published Wednesday by compensation consulting firm Johnson Associates. While most compensation is …