February 28, 2013

Wall Street’s Bonus Pool Has Quintupled Since 1985

Wall Street’s Bonus Pool Has Quintupled Since 1985: 2012 was the second most profitable year in Wall Street’s history, with banks making north of $140 billion. Wall Street’s bonus pool, while not yet back to the heights it achieved before the financial crisis, is growing again, and the average cash bonus hit $121,900. This is part and parcel of a longer trend on [...]/p