U.S. Markets closed

Banks bonuses are best since before the crisis but Wall Street sins persist, says author


They're baaaack. Banker bonuses on Wall Street last year clocked in at the highest level since before the 2008 financial crisis, with the average New York finance employee's bonus growing 15% in 2013 to $164,000, according to the New York State Comptroller. That's all fine and well, except that according to author and Bloomberg News editor Bob Ivry, the shenanigans of the biggest banks since the financial crisis have been astonishing.