London Dealers Expect Hefty Bonuses After Banner Quarters In FX Market

Dealers in London are particularly eager to get wind of annual bonuses this year because so many banks earned large FX profits during the September EMS crisis and its aftermath, say recruiters. "Since most banks made profits that were bigger than usual and most dealing rooms have not dramatically increased their headcounts, the bottom line should be better this year," says Steve Cartwright, a recruiter for Gordon Brown & Associates in London. "That should be reflected in bonuses." If the banks