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Sweeter Bonuses for Women This Year as Wall Street Confronts Gap

  • Options Group sees bumps for women, quants and stock traders
  • Recruiting firm also predicts more moves in industry in 2019
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Bonuses are expected to be bigger for almost everyone on Wall Street this year. Source: Bloomberg)

Trading desks, renowned bastions of gender inequality, will sweeten compensation for women this year to narrow the gap with men, according to recruiting firm Options Group.

Wall Street leaders are facing heavier pressure this year to make their workplaces more attractive to women with better pay and faster promotions. That’s going to be top of mind as managers set bonuses in coming weeks, said Mike Karp, Options Group’s chief executive officer.