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March 12, 2014

NY COMPTROLLER: AVERAGE WALL ST. BONUS OVER $164K

“ALBANY, N.Y. (AP) — New York’s state comptroller says the average bonus paid to securities industry employees in New York City grew 15 percent last year to more than $164,000.

“Comptroller Thomas DiNapoli says his analysis shows that’s the largest average Wall Street bonus since the 2008 financial crisis.

“According to the comptroller’s report Wednesday, the securities industry has been profitable for five consecutive years. It has 165,200 workers in New York City, or 12.6 percent fewer than before the crisis.”

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Read full AP article here.

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