Wall Street bonuses may top last year as profits soar

Started by emirate, Dec 16, 2010, 07:01 AM

emirate

NEW YORK (Reuters) - Despite the weak U.S. economy, this year could be the second most profitable for New York City's securities industry, a report said, and the average bonus may top last year's because so many bankers and brokers have been laid off.

Wall Street bonuses may top last year as profits soar