135 Billion: Wall Street Compensation for 2010

February 2, 2011 8:24 pm

There are two types of people in the world- the people making the bonuses and the ones who talk about it. The 2010 numbers are out, Wall street execs made a total of 135 Billion USDs in 2010 in compensation and benefits.

The increase was fueled by a revenue rebound as the financial crisis recedes in the rearview mirror. At 25 large financial firms that have reported full-year results, revenue rose to $417 billion, another all-time high, even though last year’s 1% increase was just a fraction of the industry’s revenue jolt from 2008 to 2009 as trading and investment banking sprang back to life.

Statistics Source: WSJ

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1 Comment for “135 Billion: Wall Street Compensation for 2010”

  1. […] wrote about 135 Billion recently – the total Wall Street compensation for the year 2010. That number is strikingly close to another number that is a US priority – the war on Iraq […]

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