Wall St. bonuses endangered by mortgage meltdown

 /
/
NEW YORK – The credit freeze already affecting leveraged buyouts, mergers and computer-driven trading strategies may also drive Wall Street bonuses to their first decline in five years, Bloomberg News said. Barring a turnaround by the end of the year, Options Group estimates bonuses may fall as much as 40 percent. Hardest hit would be…

Want More?

Subscribe or register with Providence Business News to keep reading.

REGISTER
for 2 more stories

Subscribe now for $1 for 4 weeks
Already a Subscriber? Login now

Purchase NowWant to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.

- Advertisement -