iOS app Android app

Wall Street Bonus

Wall Street Bonuses Rise 2 Percent Even As Profits Fall

Reuters | Posted 05.11.2015 | Business

NEW YORK, March 11 (Reuters) - The average bonus on Wall Street rose 2 percent last year to $172,860, even as pre-tax profits at the broker-dealer o...

Two Charts That Will Enrage Everyone (Well, Except Bankers)

The Huffington Post | Maxwell Strachan | Posted 03.13.2014 | Business

Take every single dollar made by full-time workers earning the federal minimum wage last year. Now double that pile of cash. OK, now we’re in Wall S...

Bad News For Bankers

Posted 02.25.2013 | Business

Wall Street bankers and traders used to a big fat bonus may have been surprised by their checks this year. Bonuses for “front-office” financia...

Wall Street Employees Threaten To Quit If Bonuses Aren't Up To Snuff

The Huffington Post | Jillian Berman | Posted 01.09.2012 | Business

For some on Wall Street, a less-than-stellar bonus is simply too much to bear. Brokerage executives at one Wall Street firm, Jefferies Group, have...

As Banks Announce Layoffs, Guaranteed Bonuses Making Comeback On Wall St.

The Huffington Post | Jillian Berman | Posted 12.24.2011 | Business

The practice of promising bank employees a generous bonus before they've ever even made a trade is making a comeback on Wall Street, even as the finan...

Wall Street's Average Bonus Falls, But Still Sky-High

Posted 05.25.2011 | Business

NEW YORK -- Wall Street paid an average cash bonus of $128,530 in 2010, down 9 percent from the previous year, as financial reforms prompted a shi...

Banning Big Wall Street Bonus Favored By 70 Percent of Americans In National Poll

Bloomberg | Catherine Dodge | Posted 05.25.2011 | Business

More than 70 percent of Americans say big bonuses should be banned this year at Wall Street firms that took taxpayer bailouts, a Bloomberg National Po...

WARNING: This Video Is Only For People Who Work On Wall Street

Lee Camp | Posted 05.25.2011 | Comedy
Lee Camp

2010-02-24-Picture18.jpg

Goldman Sachs's Charity Rule: Bank May Force Execs To Donate Part Of Bonus

nytimes.com | LOUISE STORY | Posted 05.25.2011 | Business

As it prepares to pay out big bonuses to employees, Goldman Sachs is considering expanding a program that would require executives and top managers to...

Wall Street Revives The Practice Of Offering Guaranteed Bonuses

nytimes.com | ERIC DASH | Posted 05.25.2011 | Business

A guaranteed bonus might strike many people as a contradiction in terms. But on Wall Street, banks have become so eager to lure and keep top deal make...

Workers' Rights Are Civil Rights

Leo W. Gerard | Posted 05.25.2011 | Business
Leo W. Gerard

This week the minimum wage rose by 70 cents to $7.25 an hour, a beggar's lot really, but still corporations across America decried it.

Wall Street Pushes Back: We Deserve Our Bonuses

New York Times | ALAN FEUER and KAREN ZRAICK | Posted 05.25.2011 | Business

Getting between a broker and his bonus is like getting between a schnauzer and his lunch bowl. He may not bite you, but you are going to smell his bre...