Reported 16 days ago
Following Donald Trump's victory, Wall Street executives are poised to receive substantial bonuses as financial stocks surge. At firms like Goldman Sachs and Carlyle Group, stock prices have escalated significantly, potentially unlocking rewards worth $50 million for CEOs if performance levels hold. This rebound is attributed to expectations of favorable regulatory changes and tax cuts under Trump's administration, contrasting with the regulatory environment of the Biden era that had previously hampered deal-making and bank profits.
Source: YAHOO