Goldman Sachs Boosts Pay for Top Dealmakers
Update: 2025-12-10
Description
Wall Street banks are gearing up for a busy year in dealmaking, with Goldman Sachs expecting it to be the second biggest ever. The intense activity is driving up salaries and bonuses for top dealmakers, as banks compete to hire and retain the best financial minds. Goldman Sachs CFO, Denis Coleman, revealed that the bank is ready to spend big to retain its top performers, with a philosophy of paying for performance. The news comes after a strong earnings season for Wall Street banks, with advisory revenue jumping significantly. Experts predict year-end bonuses will rise across finance, with merger and acquisition bankers potentially seeing increases of up to fifteen percent, suggesting a new golden age for corporate dealmaking.
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