Sat.Dec 18, 2021

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Pandemic on Wall Street causes rising levels … of bonuses

TheGuardian

Enforced takeovers during the crisis will mean a bumper year for the bankers who advise on billion-dollar deals Just as most of us are feeling the effects of soaring inflation, which the Office for National Statistics said last week had reached a 10-year high of 5.1% , wealthy bankers and traders are looking forward to receiving extraordinarily large new year bonuses.