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JPMorgan’s Petno says bonuses will rise as trading and dealmaking surge

Investment Banking Editor

A stronger trading environment is likely to boost pay at banks

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JPMorgan is set to increase bonuses this year after “outsized performance” from its dealmakers and traders. 

Doug Petno, co-chief executive of JPMorgan’s commercial and investment bank, said that compensation costs were likely to increase in 2025 as both dealmaking and trading revenue have surged.

JPMorgan’s Petno says compensation will rise on trading and dealmaking surge

The co-CEO of JPMorgan’s commercial and investment bank expects dealmaking revenue to increase again in the third quarter

Paul Clarke

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