NYSE Securities Firms Report US$ 25.8 Billion Profit For 2022
Posted on 11/13/2023
New York State Comptroller Thomas P. DiNapoli has reported that the securities industry saw pretax profits of US$ 25.8 billion in 2022. This is considered normal, although profits were higher in 2020 and 2021 due to the government’s response to the pandemic. DiNapoli notes that there is some disappointment in the air: “Higher rates caused…
