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Up to 40% bonus rise for Morgan Stanley's top bankers in Asia
The Straits Times
|January 22, 2025
Morgan Stanley is raising bonuses for some of its top investment bankers in Asia by as much as 40 per cent in 2025 after a jump in revenue, according to people familiar with the matter.
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NEW YORK -
On average, the New York-based bank has raised bonuses for its senior ranks in Asia by the high teens to compensate them after lean payouts the previous year, said the sources, asking not to be identified discussing private information.
Top performers in markets, including India and Australia, are set to receive increases of 30 per cent to 40 per cent, the sources said.
Morgan Stanley's revenue from Asia investment banking and capital markets, excluding Japan, rose about 50 per cent in 2024 to more than US$600 million (S$816 million), while its bonus pool grew roughly 20 per cent, the sources said.
This story is from the January 22, 2025 edition of The Straits Times.
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