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Wall Street Bankers Get Biggest Raise in Four Years

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Wall Street Bankers Get Biggest Raise in Four Years

The average banker bonus in New York City was $184,220 last year, the biggest annual haul for Wall Street employees since before the financial crisis.

By Telis Demos
Updated March 26, 2018 5:36 p.m. ET

The average banker bonus in New York City was $184,220 last year, the biggest annual haul for Wall Street employees since before the financial crisis.

Those bonuses, which totaled $31.7 billion, up 17% from 2016, tracks with a broader rebound for bank stocks last year, boosted by the prospects of rising interest rates, faster growth and deregulation. 

http://www.wsj.com/articles/wall-street-bankers-get-biggest-raise-in-four-years-1522089178




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