The weak economy and Dodd-Frank restrictions are affecting bankers’ compensation, leading to a...

|By:, SA News Editor

The weak economy and Dodd-Frank restrictions are affecting bankers’ compensation, leading to a decline of 20%-30% Y/Y in the weakest bonus season of the crisis, DealBook reports. “Wall Street is in the process of re-evaluating what each seat is worth," says a former Bear Stearns trader, and this year's message is that star performers will be paid and everyone else will feel the pain.