Morgan Stanley, Goldman Lead Bonus Bounces for Asia Bankers
- Morgan Stanley said to pay Asia bankers 20% more on deal flow
- UBS’s advisory bonus pool to rise 10%, JPMorgan, Citigroup lag
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Morgan Stanley and Goldman Sachs Group Inc. investment bankers are getting the biggest bonus bumps among peers in Asia after revenue from the region climbed by about a third on increased deal flows.
The total compensation for Morgan Stanley’s investment bankers in Asia was boosted by about 20%, while at Goldman Sachs it will rise around 15%, people familiar with the matter said, asking not to be identified because bonus decisions aren’t made public. The numbers for UBS Group AG in the region rose about 10%, while at JPMorgan Chase & Co. and Citigroup Inc. they climbed about 6% and 3%, respectively, the people said.