Wall Street bonuses hit record $47.5B in 2024 — with each banker earning average $245K payout
1. Wall Street bonuses surged to a record $47.5 billion last year. 2. Average bonuses increased by 31%, indicating strong financial performance. 3. Finance industry profits rose by 90% in 2024, boosting jobs. 4. Increased uncertainty may dampen future performance in 2025. 5. Wall Street contributes 19% of New York's tax revenue.