Average bonus at top firm's international arm was $537,442 last year

And total compensation fell 20%!

OK, and we all know that there's no such thing as an 'average bonus', nevertheless......

Goldman Sachs International, the European arm of Goldman Sachs, said compensation costs in 2014 fell 20% to $3bn.

Bloomberg News reports that the unit paid on average $537,442 in pay to its employees, according to filings on its website.

The firm had 5,582 employees at Goldman Sachs International in 2014, or 2% more than a year earlier.

Bloomberg previously reported that Wall Street’s bonus pool rose 3 percent to $28.5 billion in 2014, according to estimates by New York state Comptroller Thomas DiNapoli.

Employees took home an average bonus of $172,860 as the industry added 2,300 jobs in New York City, the first time it’s expanded since 2011, DiNapoli said Wednesday in a statement.

Goldman Sachs European Unit Paid $3 Billion to Staff in 2014

Wall Street Bonus Pool Jumped by 3% in 2014, DiNapoli Says


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