Wall Street Bonuses Spike 32% Amid Record Payouts, NY Comptroller Reports

Reported 5 days ago

According to New York State Comptroller Thomas DiNapoli, Wall Street bonuses surged by 31.5% to an average of $244,700 last year, driven by a rebound in dealmaking, reaching a record total of $47.5 billion. However, rising economic uncertainty and federal policy changes may cast a shadow on future bonuses. Despite this, the robust financial market bolsters New York's economy, as one in every 11 jobs in the city is linked to the securities industry.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis