Goldman, JPMorgan Bankers See Bonus Pools Rise at Least 10% (1)

JPMorgan Chase & Co., Goldman Sachs Group Inc. and Bank of America Corp. boosted their bonus pools for bankers and traders by at least 10%, as the businesses benefited from a banner year in dealmaking and market activity.

Executives began communicating the compensation decisions to middle managers in recent weeks, as is common this time of year, the people said. The average figures described by insiders don’t reflect the sweetest rewards in store for rainmakers, or the disappointment in store for those tagged as underperformers.

The payouts reflect a strong year for the nation’s largest banks, which collectively posted ...