January blues are unlikely to be an issue for many in the City’s investment banking community.
Over the next few weeks, staff at the big Wall Street operators will find out their bonuses for 2015, followed by the large European operations in the early spring.
Senior London-based figures say that last year, like 2014, was OK but not stunning, which will still translate into six-figure rewards for thousands of traders and deal makers.
Bonus city: January blues are unlikely to be an issue for many in the City’s investment banking community
A handful at the very top will make multiple millions by advising on huge deals such as the troubled Shell-BG takeover, but hundreds lower down the food chain are also in line for what, by most people’s standards, will be an enormous payday.
The point is this: for all the complaints emanating from the banks about how they have…