Investment banks are back on top as private equity loses its grip on Wall Street's biggest paydays

Compensation consultancy Johnson Associates reports that major Wall Street banks are set to increase year-end bonuses by 39%, outpacing private equity firms, which face flat or slightly rising bonus levels due to fundraising challenges and extended company privatization periods. This shift highlights the resurgence of traditional banking roles as lucrative career paths, while AI advancements threaten entry-level positions in finance by automating routine tasks.

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