
Wall Street Bonuses Surged To A Record $49.2 Billion Pool Last Year
Forbes Talks · Forbes Media LLC
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Show Notes
Bonuses for Wall Street employees jumped to a record $49.2 billion overall pool, New York’s state comptroller Thomas DiNapoli said Thursday morning, which he attributed to strong trading activity and a 30% rise in Wall Street’s profits.
KEY FACTS
DiNapoli estimated the bonuses would generate $199 million more in state income tax revenue and $91 million more for New York City over the previous year, but he said tax revenue may fall short of expectations as Governor Kathy Hochul’s proposed budget assumed Wall Street bonuses would rise 25.9%.
Read the full story on Forbes: By Conor Murray https://www.forbes.com/sites/conormurray/2026/03/26/wall-street-bonuses-surged-to-a-record-492-billion-pool-last-year/
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