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Wall Street bonuses to top USD 20billion

Thursday 25th February 2010

By Mike Jones

Wall Street banks paid out an astonishing US $ 20.3billion (£13.2billion) in bonuses for 2009.

The figure marks a 17% increase on 2008 despite the public backlash over large payments in the financial services sector.
 
The average taxable bonus rose to US $ 123,850 this year.

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