Wall Street bonuses seen up 40 percent in '09: report

Wall Street bonuses seen up 40 percent in '09: report

(Reuters) - Wall Street cash bonuses are set to increase by about 40 percent this year, the Wall Street Journal said citing a report by compensation consulting firm Johnson Associates.

In a report to be released later on Thursday, Johnson Associates projects that the biggest increases in year-end cash bonuses and equity awards will go to employees in rebounding businesses such as fixed income and equities, the paper said.

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