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U.S. investment bankers are expected to earn larger bonuses at Wall Street firms such as Goldman Sachs Group Inc. GS, -0.43% , Bank of America Corp. BAC, +2.01% , Morgan Stanley C, +3.28% , JPMorgan Chase & Co. JPM, +1.06% , Citigroup Inc. C, +3.28% and Wells Fargo & Co. WFC, +2.56% , according to a report Friday by efinancialcareers.com. One JPMorgan Chase executive told the publication that the bank’s revenues on some business lines are up 60% to 80%, so most bankers expect a bonus increase of 30% to 40%.
...read full article on Market Watch
