Wall Street bonuses hit record high of nearly US$50 billion in 2025
NEW YORK, United States (AFP) -- Bonuses paid out by Wall Street for 2025 rose nine per cent year-over-year, reaching a record US$49.2 billion on the heels of a surge in financial sector activity, the New York State Comptrollers Office said Thursday. The average bonus rose six per cent to $246,900, according to Comptroller Thomas P DiNapoli's annual estimate. "Wall Street saw strong performance for much of last year, despite...