Rainmakers got drenched by 2024's record Wall Street bonuses — but may need to ditch the umbrellas this year

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• Wall Street bonuses reached a record $47.5 billion last year, according to a new report.
• The New York State Comptroller found individual bonuses were, on average, $244,700.
• But the resurgent year for industry comp might not be here to stay, the report warned.

Wall Street made it rain last year as a resurgent year for dealmaking gave financial services firms a much-needed boost.

Now, a report from the Office of the New York State...