Tag: Bonuses

Facts

Wall Street Bonuses Continue to Soar Compared to Worker Wages | The Smirking Chimp

After a historic 22 percent spike in 2021, the average annual bonus for New York City-based securities industry employees fell 26 percent in 2022, according to just-released New York State Comptroller data. But the rate of increase in average Wall Street bonuses since the 2008 crash is still far higher than wage increases for ordinary workers, according to Institute for Policy Studies analysis of comptroller and BLS data.

Source: Wall Street Bonuses Continue to Soar Compared to Worker Wages | The Smirking Chimp

Banks, Uncategorized

Bankers for a gangster: Commonwealth lenders help mafia boss do laundry

 

“I’ll organise it with the banker,” Arico was recorded telling his mate. “You come in the Commonwealth Bank, we see Hasan* the bank f—ing guy, give your details, sign the documents, to go for the loan and let me worry about it.”

“Even better … We go and see Peter*… [he] is a hundred percent. This guy is the best … and whatever he’ll need to do, he’ll do.”
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