Wall Street companies are anticipated to offer larger bonuses this year, marking the first increase since the exceptionally profitable year of 2021—here's why.

A bump in dealmaking, lower interest rates and a booming stock market converge in a forecast of heftier pay packets for the finance sector.

Katherine Doherty, Bloomberg Finance Reporter joins Bloomberg Intelligence to discuss how Wall Street bonuses are expected to climb across almost all sectors for the first time since 2021. Some debt bankers could see increases of up to 35%.

Investment bankers, traders and asset- and wealth-management professionals are all poised to see increases reaching into the double digits.