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 ...

Axios Visuals Wall Street bonuses surged 32% last year, as the country's top financial firms paid out a record $47.5 billion to their most successful employees, New York's comptroller said Wednesday.

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 ...

Wall Street bonuses soared to $244,700 on average in 2024, boosting NYC tax revenue and local businesses. Explore the economic impacts and looming risks.

Some on Wall Street who counted on President Donald Trump to revive dealmaking are now biting their tongues.

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.

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 ...

Bankers and private equity dealmakers explain how they are spending their days as deals dry up, hiring stalls, and bonus ...

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 ...