Wall Street bankers to see bonuses shrink as dealmaking sputters

Wall Street bankers to see bonuses shrink as dealmaking sputters

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(Reuters) -Wall Street banks are weighing plans to slash bonuses this year, Bloomberg Law reported on Friday, as investment banking comes under pressure from choppy markets and a high interest-rate environment. Citigroup Inc (NYSE:C) and Bank of America Corp (NYSE:BAC) are considering cutting…

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