Wall Street bonuses tumble; job cuts on horizon - NY state comptroller

By Edward Krudy NEW YORK (Reuters) - Wall Street bonuses for 2015 slumped to a three-year low as volatility in financial markets eroded profits, the New York state comptroller said in a report that also warned of weaker profits and job cuts for the industry this year. The average Wall Street bonus paid out on 2015 profits fell 9 percent to $146,200, its lowest since 2012, according to the report released on Monday by the top fiscal watchdog. The overall bonus pool fell 6 percent to $25 billion a