Wall Street companies delivered significant losses to their shareholders last year, but the pain didn’t spread to the top
Banks and financial companies delivered sharply negative shareholder returns in 2018, but most of the top-paid Wall Street chiefs got big raises.
The chiefs of banking and financial institutions in the S&P 500 received a median raise of 8.5% last year, compared with 5.6% for CEOs in the broader index, according to a Wall Street Journal analysis.
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