The Wall Street bonus pool is expected to break records this year if current trends continue, as big banks reap profits from soaring stocks and a return to more dealmaking after a long drought.
Profits at the 130 firms that belong to the New York Stock Exchange reached $30.4 billion in the first half of the year and will hit the highest level on record if that pace continues, New York State Comptroller Thomas DiNapoli said Thursday in an annual report.