On average, the New York-based bank has raised bonuses for its senior ranks in Asia by the high-teens to compensate them after lean payouts the previous year, said the people, asking not to be identified discussing private information.
Top performers in markets including India and Australia are set to receive increases of 30% to 40%, the people said.
Morgan Stanley’s revenue from Asia investment banking and capital ...
Learn more about Bloomberg Law or Log In to keep reading:
See Breaking News in Context
Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.
Already a subscriber?
Log in to keep reading or access research tools and resources.