BNP Paribas SA is planning to raise bonuses for its investment bankers, with equity trading and debt capital markets likely to benefit the most after a strong year for their businesses.
The French lender is looking to increase total variable compensation in the division by about 5%, people familiar with the matter said. The decision isn’t final and the number may still change, they said, asking for anonymity to discuss the non-public information.
A spokesperson for BNP Paribas declined to comment.
An increase of that size would be less than the double-digit gains expected at the big Wall Street banks. ...
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