The good times are back on Wall Street. Last year, the average Wall Street salary rose 13% to its highest level since 2008, just before the financial crisis shattered the financial world. According to a report from New York State Comptroller Thomas P. DiNapoli, annual pay excluding bonuses hit $422,500 on average last year. Data from Bloomberg show that salaries on Wall Street hit the high as pre-tax profits in the banking industry jumped 42% to $24.5 billion last year. And it looks as if 2018 could be an even better year for Wall Street’s financiers. In the first half…
Wall Street Bonuses Hit Highest Level Since 2008
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