Investment Banking

JPMorgan hikes bonuses for top UK investment bankers to $974k

The Wall Street bank increased average payouts to key UK employees by 19% last year

JPMorgan has increased bonuses for key bankers known as material risk takers in 2024
JPMorgan has increased bonuses for key bankers known as material risk takers in 2024 Photo: Mike Kemp/In Pictures via Getty Images

JPMorgan increased average bonuses for key UK investment bankers by 19% last year as Wall Street firms hiked pay after improved performance. 

The US bank paid out an average of $973,251 in bonuses for so-called material risk-takers in its UK investment bank, according to regulatory filings, up from around $820,000 a year earlier. 

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