Wall street's 2020 bonuses could fall by 30-40% on market declines - compensation expert's report
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NEW YORK (Reuters) - Wall Street bonuses for this year could fall by as much as 30-40% because sharp declines in the stock market and other hits to banks' revenues, according to a report from compensation expert Johnson Associates, Inc.Johnson Associates director Alan Johnson predicts leadership and staff changes at many firms will accelerate this year, according to the report.