Average Wall Street bonuses surged last year, with the total pool for payouts jumping to a record $47.5 billion as industry profits soared. In today's Wall Street Beat, Bloomberg's Sridhar ...

Wall Street’s bonus pool hit a record high last year ... number swell to a whopping $47.5 billion in its first major surge since the coronavirus pandemic. That is up 34% from last year ...

Average Wall Street bonuses surged last year, with the total pool for payouts jumping to a record $47.5 billion as industry profits soared. In today's Wall Street Beat, Bloomberg's Sridhar Natarajan ...

Wall Street accounts for a larger chunk of NY tax revenue than any other industry — so the stock market’s rollercoaster ride ...

As Wall Street’s profits rose, the industry’s bonus pool hit ... bump in the average bonus estimate since 2021,” it said in a release. Alongside the surge in bonus allocations, employment also reached ...

Sridhar Natarajan, chief Wall Street correspondent at Bloomberg ... "That 31.5 percent bonus surge reflects a banner year for investment banking fees in 2024—driven by optimism that markets ...

The last time Wall Street saw a comparable bonus surge was in the immediate aftermath of the pandemic, when market volatility and deal volume also led to outsized performance-related compensation.

Wall Street’s top banks JP Morgan ... DiNapoli revealed that Wall Street banker bonuses rose 31.5% to an average of $244,700 last year, thanks to a surge in dealmaking as interest rates fell.

Learn how Chloe Moore, financial planner and founder of Financial Staples, is talking to her clients about how to use their ...