RJ and Makay

Thursday, May 24th

Open Positions | Careers | Privacy Policy | Bookmark | FAQ | Contact Us  

You are here: Tags Lloyd C. Blankfein
http://www.rjandmakay.com/components/com_gk2_photoslide/images/thumbm/537321header_1.jpg http://www.rjandmakay.com/components/com_gk2_photoslide/images/thumbm/963038header_2.jpg http://www.rjandmakay.com/components/com_gk2_photoslide/images/thumbm/981787header_3.jpg http://www.rjandmakay.com/components/com_gk2_photoslide/images/thumbm/923473header_4.jpg

RJ & Makay

Our view of news, events and human capital trends in the financial services industry.
Tags >> Lloyd C. Blankfein

Record high for Wall Street compensation in 2010

Posted by RJ and Makay on Feb 02, 2011

>> Read More RJ & Makay Blog Posts

Record High for Wall Street Compensation in 2010Last year was Wall Street's best ever in terms of total compensation and benefits, which hit a record high of $135 billion. The Wall Street Journal reported that finding after analyzing 25 large publicly traded financial firms with at least $1 billion in market capitalization. Together, these firms have $750 billion in market cap, or 85% of the financial industry's total stock market value.

Wall Street's latest compensation figure is a 5.7% increase from 2009's $128 billion total. "Things are shifting back to where they were before," observes J. Robert Brown, a University of Denver law professor who studies compensation and corporate governance.