Reuters
Wall Street hands out biggest bonuses since 2006
The average payout for securities workers in New York in 2021 was $257,500, a figure boosted by the record levels of deal-making and trading activity big banks handled as the global stock markets surged to all-time highs. “The numbers pop out … and are higher than what had been projected,” New York State Comptroller Thomas DiNapoli said, calling it “welcome news.” Wall Street contributed about 18% of all the taxes collected in New York for 2021, and it should help New York City beat its expectations for income tax revenue, the report found.