Wall Street Bankers Get Biggest Raise in Four Years - News Summed Up

Wall Street Bankers Get Biggest Raise in Four Years


The average banker bonus in New York City was $184,220 last year, the biggest annual haul for Wall Street employees since before the financial crisis. Those bonuses, which totaled $31.7 billion, up 17% from 2016, tracks with a broader rebound for bank stocks last year, boosted by the prospects of rising interest rates, faster growth and deregulation.


Source: Wall Street Journal March 26, 2018 18:33 UTC



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