For Dealmakers, It's Bad or Worse at Bonus Time
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Hi, it’s Katherine Doherty in New York, looking over the latest predictions for the upcoming bonus season. Spoiler alert, it’s not looking pretty for dealmakers. Elsewhere, private equity firms are stacking up the cash in China.
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First, the bad news: M&A bankers could see their bonuses for 2023 drop by as much as a quarter.