London Bankers Predict 2016 Bonuses at 25% of Private Equity

Investment bankers in London’s financial center expect an average bonus of 24,461 pounds ($36,000) this year, about a quarter of the compensation predicted by employees at private-equity firms, according to a recruitment company.

Private-equity employees had the highest expectations, predicting an average bonus of 104,125 pounds, or about 71 percent of their salary, according to the survey of more than 1,000 City of London staff conducted by Astbury Marsden. Private bankers and wealth managers forecast a bonus of about 59,196 pounds, or 60 percent of their salary.