Wall St. Bonuses Head for a New Record. Bank Earnings Will Hint at How Much
Banks are on track for more than $90 billion in profits as deal-making and IPOs lift Wall Street bonuses, DiNapoli said.
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4 Articles
(New York = Yonhap News) Correspondent Kim Yeon-sook = U.S. Wall Street financial firms are expected to pay their employees record-high bonuses again this year.
Wall Street Bonuses Expected to Rise
“Wall Street took home a record bonus haul in 2025. This year is expected to be even better,” the Wall Street Journal reports. “The nation’s biggest banks have raked in profits from both Wall Street businesses and their Main Street consumers, reflecting booms in corporate dealmaking, initial public offerings, artificial intelligence and market volatility as well as a resilient consumer.”
Amid Angst for Rest of Us, Good News for Wall Street
Wall Street's bonus machine isn't slowing down, and New York is poised to cash in. New York State Comptroller Thomas DiNapoli expects the securities industry bonus pool to grow this year, even though the city had penciled in a sharp decline, reports the Wall Street Journal . Banks are on track...
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