Big US banks/ securities firms to pay record $145bn for 2009; Earnings rise 18% at 38 firms - - above pre-crash record year of 2007
Jan 15th, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Big US banks and securities firms are set to pay their staffs a record $145 billion for 2009 according to The Wall Street Journal. An analysis by the Journal shows that executives, traders, investment bankers, money managers and others at 38 top financial companies can expect to earn nearly 18% more than they did last year - - and above the record year of 2007.