Executive cash bonuses for the New York City securities industries are expected to jump by eight percentage points, rounding out to about $20 billion, New York Comptroller Thomas DiNapolisaid.
Wall Street is still in transition, but is slowly adjusting to changes in its economic and regulatory environment, the state CFO said in a Feb. 26 announcement. Profits and bonuses rebounded in 2012, but the industry is still restructuring.
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