Comptroller: Wall Street Average Bonus Topped $184K in 2017

A second consecutive year of soaring profits on Wall Street pushed the average bonus paid to securities industry employees in New York City to more than $184,000 in 2017, New York state’s top elected fiscal officer reported Monday. The average bonus paid to brokers rose 17 percent to $184,220, Democratic Comptroller Thomas DiNapoli said. Pretax […]

Controller: Wall Street Average Bonus topped $184K in 2017

A second consecutive year of soaring profits on Wall Street pushed the average bonus paid to securities industry employees in New York City to more than $184,000 in 2017, New York state’s top elected fiscal officer reported Monday. The average bonus paid to brokers rose 17 percent to $184,220, Democratic Comptroller Thomas DiNapoli said. Pretax […]

Wall Street’s Average Bonus in 2017? Three Times What Most U.S. Households made all year

Wall Street bonuses are climbing toward record highs again, according to government data released Monday showing that in 2017, the average bonus payout reached $184,220. That is a 17 percent increase compared to the previous year and the closest Wall Street has come in more than a decade to its all-time high of $191,360 in 2006, according to the New York […]

Wall Street Bonuses Averaged $184G, a 17% increase from 2016

Last year was a good one to work on Wall Street. The average bonus paid to securities industry workers in New York City rose a robust 17% in 2017 over 2016, state Controller Thomas DiNapoli said in his annual report on the financial sector’s performance. The average 2017 bonus is estimated to be $184,220, DiNapoli […]

What You’re Saying: Charles L. Recktenwald, Jean Ricca, and Joan F. Walsh

The new campaign In 1968, civil rights leaders initiated a Poor People’s campaign. Now, 50 years later, a second, similar campaign is being launched. The first focused on racism, poverty, and the war economy. The current one will focus on the same three enemies of justice and societal well-being, and also on ecological destruction, which […]

Wall Street Bonuses Averaged $184G, a 17% Increase From 2016

Last year was a good one to work on Wall Street. The average bonus paid to securities industry workers in New York City rose a robust 17% in 2017 over 2016, state Controller Thomas DiNapoli said in his annual report on the financial sector’s performance. The average 2017 bonus is estimated to be $184,220, DiNapoli […]

Wall Street Bonuses Highest Since 2006

THE AVERAGE BONUS received by a New York City securities worker in 2017 soared to $184,220, reaching heights unseen since the immediate buildup to the financial crisis in 2006 as Wall Street profits soared to their highest level in years. New York securities industry profits eclipsed $24 billion last year, according to a report published Monday by the Office […]

Left for Dead, a Mega Trade Pact Rises from the Ashes

The Trans-Pacific Partnership, also known as the TPP, has risen from the dead. In one of his first acts as President, Donald Trump pulled out of the massive trade pact, which linked countries from Australia to Japan, Mexico to Vietnam. The TPP faced a grassroots uprising against it. On March 8, however, eleven countries—minus the United States—signed a revised […]

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