Wall Street’s average bonus fell 9 percent to $146,200 in 2015, the biggest drop since 2011, according to estimates by New York State Comptroller Thomas DiNapoli. The bonus pool was $25 billion, down 6 percent from a year earlier, as the industry added 4,500 jobs in New York City, DiNapoli said Monday in a statement. The payouts shrank as profits from broker-dealer operations of the New York Stock Exchange member firms declined $1.7 billion to $14.3 billion. Profit at the six largest U.S. banks rose to $93 billion in 2015, more than double the 2009 level and a 36 percent increase from a year earlier. [Bloomberg]
Deutsche Bank Bonus/Layoffs Watch '15: The Bonus Is You Get To Keep Your Job
The new CEO has big plans.
Bonus Watch '16: Deutsche Bank Finds A Way To Make Things A Tad More Terrible
You don't mind waiting 4 years for your money, right?
Layoffs/Bonus Watch '16: For Barclays Investment Bankers, The Bonus Is Keeping Your Job
Not being told to clean out your desk is this year's cash prize.
Bonus Watch '15: Bond Traders Are Basically Second Class Citizens At This Point
In pay, promotions, and r-e-s-p-e-c-t.
Bonus Watch '15: UBS Left Little Something Extra In Employees' Pockets
And it wasn't just one of those giant Toblerone bars.
Bonus Watch '15: Perella Weinberg Tells Employees To Keep Expectations Low To Really Low (UPDATE)
Apparently this is not the season to get one's hopes up.