Joshuatan
2021-03-26
Be patient. Market will rebound if it is a temporary correction
Wall Street bonuses jump 10% in 2020, says NY state comptroller
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Market will rebound if it is a temporary correction","highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/356884454","repostId":2122477376,"repostType":4,"repost":{"id":"2122477376","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1616768023,"share":"https://www.laohu8.com/m/news/2122477376?lang=&edition=full","pubTime":"2021-03-26 22:13","market":"us","language":"en","title":"Wall Street bonuses jump 10% in 2020, says NY state comptroller","url":"https://stock-news.laohu8.com/highlight/detail?id=2122477376","media":"Reuters","summary":"March 26 (Reuters) - The average bonus paid to employees in New York City's securities industry in 2","content":"<p>March 26 (Reuters) - The average bonus paid to employees in New York City's securities industry in 2020 rose by 10% to $184,000, a top New York state financial regulator said in a statement on Friday.</p>\n<p>\"Wall Street's near-record year shattered all expectations,\" New York State Comptroller Thomas DiNapoli said.</p>\n<p>\"The early forecast of a disastrous year for financial markets was sharply reversed by a boom in underwriting activity, historically low interest rates, and surges in trading spurred by volatile markets,\" he added.</p>\n<p>The 2020 bonus pool increased by 6.8% to $31.7 billion, during the traditional December-March bonus season, from $29.7 billion in 2019, according to the report, which called the growth figure \"unique after a recessionary event\".</p>\n<p>Bonuses fell by 33% in 2001 after 9/11 attack and by 47% percent in 2008, the report said.</p>\n<p>Compensation firm Johnson Associates Inc in November said it expected year-end bonuses for most Wall Street workers to decline in 2020 compared with 2019 due to the impact of the COVID-19 impact on the U.S. economy.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall Street bonuses jump 10% in 2020, says NY state comptroller\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-03-26 22:13</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>March 26 (Reuters) - The average bonus paid to employees in New York City's securities industry in 2020 rose by 10% to $184,000, a top New York state financial regulator said in a statement on Friday.</p>\n<p>\"Wall Street's near-record year shattered all expectations,\" New York State Comptroller Thomas DiNapoli said.</p>\n<p>\"The early forecast of a disastrous year for financial markets was sharply reversed by a boom in underwriting activity, historically low interest rates, and surges in trading spurred by volatile markets,\" he added.</p>\n<p>The 2020 bonus pool increased by 6.8% to $31.7 billion, during the traditional December-March bonus season, from $29.7 billion in 2019, according to the report, which called the growth figure \"unique after a recessionary event\".</p>\n<p>Bonuses fell by 33% in 2001 after 9/11 attack and by 47% percent in 2008, the report said.</p>\n<p>Compensation firm Johnson Associates Inc in November said it expected year-end bonuses for most Wall Street workers to decline in 2020 compared with 2019 due to the impact of the COVID-19 impact on the U.S. economy.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2122477376","content_text":"March 26 (Reuters) - The average bonus paid to employees in New York City's securities industry in 2020 rose by 10% to $184,000, a top New York state financial regulator said in a statement on Friday.\n\"Wall Street's near-record year shattered all expectations,\" New York State Comptroller Thomas DiNapoli said.\n\"The early forecast of a disastrous year for financial markets was sharply reversed by a boom in underwriting activity, historically low interest rates, and surges in trading spurred by volatile markets,\" he added.\nThe 2020 bonus pool increased by 6.8% to $31.7 billion, during the traditional December-March bonus season, from $29.7 billion in 2019, according to the report, which called the growth figure \"unique after a recessionary event\".\nBonuses fell by 33% in 2001 after 9/11 attack and by 47% percent in 2008, the report said.\nCompensation firm Johnson Associates Inc in November said it expected year-end bonuses for most Wall Street workers to decline in 2020 compared with 2019 due to the impact of the COVID-19 impact on the U.S. economy.","news_type":1},"isVote":1,"tweetType":1,"viewCount":152,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":53,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/356884454"}
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