Wall Street bonuses expected to fall as much as 10 percent: report

Year-end compensation will be lower by 5 percent to 10 percent broadly throughout the financial services industry, the report said on Monday, with fixed-income traders experiencing an even larger drop as bond trading revenue continues to be weak. Payouts to investment bankers who advise companies on mergers could rise 15 percent to 20 percent as the global market for dealmaking remains strong. Compensation for debt traders, meanwhile, could fall as much as 20 percent from a year ago as doubts ab