07:41 AM EST, 01/22/2025 (MT Newswires) -- Morgan Stanley ( MS ) plans to increase bonuses for top-performing investment bankers and traders in Asia by as much as 50%, following robust business growth and a low-base effect from last year, Reuters reported Wednesday, citing two people with direct knowledge of the matter.

Morgan Stanley ( MS ) informed some of Asia's top bankers that their bonuses would increase by 40% compared with 2024, the report said.

Last year, many senior dealmakers in Asia saw their bonuses cut by more than 20%, with one-third of managing directors receiving no bonus, the report added.

Some senior Morgan Stanley ( MS ) bankers, particularly those who worked on deals in India and Australia, will receive 30% to 40% higher bonus payouts this year, Bloomberg, citing sources, reported earlier this week.

Morgan Stanley ( MS ) did not immediately respond to requests for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)