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Wall Streeters are taking a big bonus cut

Business Insider - 7 Mar 2016 16:39
Margin Call screenshot Wall Streeters are taking home disappointing bonuses this year. The average bonus for folks in the securities industry in New York City dropped to $146,200 last year from $160,280 in 2014, according to the New York State Comptroller, Thomas DiNapoli. That's a 9% decline. The total bonus pool also dropped in 2015. It came in at $25 billion, down 6% from $26.7 billion in 2014. The drop reflects "a challenging year in the financial markets," DiNapoli said in a statement. "W...
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