Bankers bonuses

Bankers Expect a 7% Drop in Bonuses

Bankers worldwide are expecting smaller bonuses this year. Still, they will be hard pressed to find much sympathy as their base salaries were boosted -- in some cases doubled -- this year to compensate for the lower year-end bonuses.

Wall Street Compensation to Hit New High

Pay on Wall Street is on pace to break a record high for a second consecutive year, growing 4% in 2010 at nearly three dozen of the top financial institutions.