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Experts: With Record Wall Street Profits, Small Bonuses Will Annoy Bankers

Newsmax Wednesday, 22 January 2020
Most Wall Street banks announced their fourth quarter profits beat industry expectations last week. But by the end of this week, bank sources and compensation experts told Reuters, most of their staff will be underwhelmed by their bonuses.
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News video: Wall Street hits new highs

Wall Street hits new highs 01:17

Wall Street climbed to record highs Friday after strong U.S. housing data and signs of resilience in the Chinese economy raised hopes of a rebound in global growth. Fred Katayama reports.

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