Financial sector Manhattan



manhattan s important economic sector lies in role headquarters u.s. financial industry, metonymously known wall street. borough s securities industry, enumerating 163,400 jobs in august 2013, continues form largest segment of city s financial sector , important economic engine manhattan, accounting in 2012 5 percent of private sector jobs in new york city, 8.5 percent (us$3.8 billion) of city s tax revenue, , 22 percent of city s total wages, including average salary of us$360,700. wall street investment banking fees in 2012 totaled approximately us$40 billion, while in 2013, senior new york city bank officers manage risk , compliance functions earned as us$324,000 annually.



the financial district of lower manhattan, viewed brooklyn


lower manhattan home new york stock exchange (nyse), on wall street, , nasdaq, @ 165 broadway, representing world s largest , second largest stock exchanges, respectively, when measured both overall share trading value , total market capitalization of listed companies in 2013. nyse mkt (formerly american stock exchange, amex), new york board of trade, , new york mercantile exchange (nymex) located downtown. in july 2013, nyse euronext, operator of new york stock exchange, took on administration of london interbank offered rate british bankers association.








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