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

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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.

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