Bankers from the Asia Pacific region were amongst the most optimistic in their outlook for upcoming bonuses, according to a survey by eFinancialCareers.
APAC bankers expect their upcoming bonus payout in early 2025 to increase by 52.3 percent compared to the previous year, according to a survey by eFinancialCareers. This follows a turnaround in investment banking revenue with Hong Kong returning to the top five globally in IPOs with HK$82.9 billion ($10.8 billion) raised through 63 deals.
The Middle East was even more positive with expectations of a 78.3 percent year-on-year increase in bonuses.
Globally, bankers forecast a 50 percent bonus increase, marking a sharp rise compared to expectations of a 6 percent increase last year.