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Wall Street Bankers On Pace For Big Pay Bumps In 2026 Amid AI Gold Rush

by The Wealth Advisor Contributor
(Yahoo! Finance) - As the AI boom spurs activity across almost every corner of Wall Street, bankers are coming out on top in compensation hikes.“The big banks had a very good 2025. They’re doing at least as well, if not better, this year, and pay will be up significantly,” Alan Johnson, managing director of Johnson Associates, said in an interview.“They’re going to be pay leaders for the first time in probably a decade,” Johnson added.

Featured

Global Equity Funds Extend Their Winning Streak To Seven Consecutive Weeks

Global equity funds extended their winning streak to seven consecutive weeks through May 6, supported by stronger-than-expected first-quarter corporate earnings and improving geopolitical sentiment tied to potential progress in U.S.-Iran n

Quarterly To Semiannual Reporting Could Reshape The Investment Landscape

The SEC’s proposal to allow public companies to shift from quarterly to semiannual reporting could significantly reshape the investment landscape, with meaningful implications for wealth advisors, RIAs, and long-term portfolio management s

What Everyone Is Missing About Mamdani’s Plan To Tax Ken Griffin’s $238 Million Penthouse

(CNN) - New York City Mayor Zohran Mamdani stood outside a luxury skyscraper in Manhattan for a video 

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Living Rich

Kevin O’Leary Says He Will No Longer Invest in ‘Loser’ New York After Trump Verdict

“Shark Tank” investor Kevin O’Leary ripped into what he called “loser” New York and vowed to no longer invest in the state.

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Gen Z are Treating Employers Like Bad Dates: 93% Ghost Interviews and 87% Have Not Even Shown Up for Their First Day of Work

Ghosting isn’t just for dating anymore. Now Gen Z are treating their would-be employers like bad dates and not showing up for job interviews.

Companies

UPDATE 4-Truist to Focus on Banking With $15.5 Bln Insurance Brokerage Business Sale

Truist Financial agreed to sell the remaining stake in its insurance brokerage business to an investor group in a deal valued at $15.5 billion.

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NYCB Stock Rout Prompts US Bank Regulators to Conduct Health Checks

U.S. banking regulators have been asking regional lenders whether they faced any fallout from the problems at NY Community Bancorp.

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JPMorgan Is Signaling A Notable Strategic Shift To Engage The Next Investor Generation

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Bizarre Moment At Berkshire's Annual Meeting Spotlights Cyber Risk

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JPMorgan CEO Jamie Dimon Isn't Sure How Consumer AI Will Play Out

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