Payday for Boondock Bankers

New York may center of the finance universe, but those bonus dollars go a lot further if you live in a place like, say, Charlotte, North Carolina. We’ve never been there--and can’t say we have any wish to visit--but Bank of America and Wachovia each have large presences there. And both banks are cutting their bonus checks this week, even though they told executives their “number” last month (gotta milk that float!). Few are expecting New York-levels of pay but “Most people are pretty upbeat,” said one anonymous Wachovia banker. “People are happy and looking forward to another good year,” said Matt Salisbury, co-founder of Edgeview Partners, a Charlotte investment bank.
It’s Bonus Time for Banktown [Charlotte.com]

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