Equity Traders Seen Grabbing This Year’s Biggest Bonus Hikes

Equity traders are set to be the big winners when banks hand out this year’s bonuses, snatching payouts almost 14% higher than last year’s pool, according to a new report by Options Group.

The jump will bring bonuses for that business to the highest in 10 years, and compares with an average increase of just 2.9% for fixed-income traders globally, according to the recruiting firm’s report. Investment bankers can expect a gain of about 12%, also the best in a decade.

“Equities and investment banking are the clear winners,” Michael Karp, Options Group’s chief executive officer, said in ...