Cart

0

Economy

“Wall Street bonuses dropped 26% in 2022 after record 2021”

“Wall Street bonuses fell 26% to an average $176,700 in 2022 from a record in 2021, according to a report from New York State Comptroller Thomas DiNapoli published on Thursday.

A worsening economic environment and stalled deal markets weighed on banks’ profits last year, following a blockbuster 2021. “A 26% decline brings the average bonus closer to what financial employees received prior to the pandemic,” DiNapoli said…”

https://www.cnbc.com/2023/03/30/wall-street-bonuses-dropped-26percent-in-2022-after-record-2021-.html

You know times are getting hard when bonuses start getting cut. Higher ups hate that.

Leave a Reply