Wall Street bonuses dip 26% after record-setting 2021
The average Wall Street bonus of $176,700 last year declined 26% from the record-setting bonus of $240,400 in 2021, New York's state comptroller said.
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The average Wall Street bonus of $176,700 last year declined 26% from the record-setting bonus of $240,400 in 2021, New York's state comptroller said.
Pre-tax profits of securities firms were down 56% as they collected fewer fees due to inflation and recession fears, the state comptroller said.
The forecast varies from one district to the next: Some taxpayers will see a freeze or even a reduction, while others will see substantial hikes. Find your district in the accompanying chart.
“Riders are not returning to subways, trains and buses fast enough to help the MTA turn its finances around,” DiNapoli said in a statement.
"If banks become even more reluctant to make new loans, the likelihood of a recession grows," says New York City Comptroller Brad Lander.