Wall Street Profits Plunge 56% in First Half of 2022
October 26, 2022ALBANY—Wall Street’s pandemic boom came to an end in 2022, with pretax, first half profits of $13.5 billion, down 56.3% from the $31 billion earned in the same period last year, according to State Comptroller Thomas P. DiNapoli’s annual report on New York City’s securities industry released on Oct. 25. “The last two years of…
Read More