Wall Street bonus pot surges to record-high $47.5 billion, but the outlook is dim [Yahoo! Finance]
Tesla, Inc. (TSLA)
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Source: Yahoo! Finance
And along with sky-high employment, the total estimated 2024 bonus pool among New York Stock Exchange member firms is the largest on record since 1987. But looming uncertainty due to federal policy is muddying the industry outlook for 2025. Wall Street is back and profits are soaring. And according to a new report, so are bonuses. New York State Comptroller Thomas P. DiNapoli reported on Wednesday that Wall Street's annual wealth infusion for employees—its bonus pool—notched a new record at $47.5 billion in 2024, an increase of 34% over the year prior. The bonus pot hasn't veered even close to this level since 2021, when the total swelled to $42.7 billion, before tumbling back down to $33.9 billion in 2022. The comptroller's office publishes
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