Goldman Sachs, JPMorgan, BofA Boost Banker Bonuses by at Least 10% Amid Dealmaking Rebound

Goldman Sachs, JPMorgan Chase, and Bank of America have increased their bonus pools for bankers and traders by at least 10%. The bonus boost reflects a rebound in dealmaking and trading in 2023. This move demonstrates the banks' confidence in the market's recovery and their commitment to rewarding top performers. The bonus pools are expected to be higher than the previous year's, reflecting the strong performance of the banks in 2023.