The U.S. investment banking industry reportedly had a bumper 2021 business harvest, with Goldman Sachs and JPMorgan Chase notifying employees this week that they would receive generous annual bonuses. According to a number of people familiar with the matter, Goldman Sachs' annual prize pool to top-performing investment bankers increased by 40%-50%, while JPMorgan Chase increased by 30%-40%. Some of the big bonuses from Goldman Sachs and JPMorgan Chase were received by top employees in the M&A advisory and equity capital markets divisions. In addition, Goldman Sachs partners receive special stock dividends, some of which are as high as millions of dollars. (Interface)
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