Brocker.Org: New York releases figures on Wall Streeters’ average 2016 bonus


Profits on Wall Avenue rose previous yr for the 1st time given that 2012, and financial companies slice larger bonus checks on average, according to a new report from the New York Condition Comptroller’s Place of work.

The rebound is great news for New York Town, the place the financial market accounts for 1-fifth of personal sector wages and supports almost 1 in ten work opportunities specifically or indirectly, according to the comptroller’s estimate.

The broker-supplier functions at New York Stock Trade member companies booked $seventeen.3 billion in revenue in 2016, the comptroller described, working with a common evaluate of market profitability. That marked a 21 % jump from 2015 revenue and the 1st boost in 4 several years.