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.”

Register or login for access to this item and much more

All Bank Investment Consultant content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access