From Bloomberg Markets and Finance.

Wall Street’s bonus pool is on track to smash records this year. New York’s top banks are cashing in on a stock market surge and revived dealmaking — fueling profits and, in turn, the city’s tax coffers. But the windfall is also sharpening debate over inequality as New York leans on Wall Street’s strength to fund its future. Bloomberg’s Chief Wall Street Correspondent Sridhar Natarajan joined Bloomberg Open Interest to talk about the windfall.
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