Wall Street expected to see second year of declining bonuses: report

Mergers and acquisitions slowed this year, and companies delayed going public, which pressured bank fees. Overall year-end incentives, which include cash bonuses and equity awards, may decline on Wall Street across the board by 5 percent to 10 percent from last year, the report said. "All signs are pointing to a disappointing end to an overall lackluster year on Wall Street,” said Alan Johnson, managing director of Johnson Associates, which conducted the study.