Wall Street Bonuses Expected to Rise for the First Time Since 2021
According to recent reports, bonuses for workers in the financial sector on Wall Street are expected to rise this year for the first time since 2021. This is attributed to a favorable economic environment and an increase in company profits. Estimates suggest that the average bonus size may increase by 5% this year, marking a significant improvement compared to previous years. In particular, the stock market and investments in risky assets have contributed to this growth, while the profitability of financial institutions has also shown positive changes.
Continue readingGovernment Updates Insolvency Laws: Crackdown on Executive Bonuses
In a significant legislative shift, the Russian government has announced upcoming updates to insolvency laws aimed at tightening regulations on executive bonuses. This decision comes after numerous calls for stricter oversight in light of growing financial issues and insolvency among various enterprises.
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