N.Y. State Comptroller DiNapoli: Wall Street Bonuses and Profits Up Slightly in 2019, But Facing Sharp Fall in 2020
March 25, 2020
March 25, 2020
ALBANY, New York, March 25 -- New York State Comptroller Thomas P. DiNapoli issued the following news release:
The average bonus paid to employees in New York City's securities industry increased by 3 percent in 2019 to $164,100, but it is likely to fall sharply in 2020 as the coronavirus crisis strains industry profitability, according to annual estimates released by New York State Comptroller Thomas P. DiNapoli.
"The securities industry had a good year in 2019, b . . .
The average bonus paid to employees in New York City's securities industry increased by 3 percent in 2019 to $164,100, but it is likely to fall sharply in 2020 as the coronavirus crisis strains industry profitability, according to annual estimates released by New York State Comptroller Thomas P. DiNapoli.
"The securities industry had a good year in 2019, b . . .