DiNapoli: Wall St. Profits Soared in First Half of 2020

Posted to Applied Web NY on Thu, 10/22/2020 - 13:56

Amidst the economic tumult brought on by the COVID-19 pandemic, the securities industry saw its pretax profits reach $27.6 billion in the first six months of 2020, an 82 percent increase over the same period last year, according to State Comptroller Thomas P. DiNapoli’s annual report on Wall St.’s performance.

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