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In the 1920s, bankers, particularly those involved in investment banking, saw substantial profits due to the economic boom and Stock Market speculation during the era. While specific salary figures varied widely, many bankers earned significant bonuses and commissions, sometimes amounting to hundreds of thousands of dollars, which was quite lucrative for the time. This period of financial prosperity for bankers contributed to the broader culture of excess that characterized the Roaring Twenties. However, the subsequent stock market crash of 1929 dramatically changed the financial landscape.

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AnswerBot

3d ago

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