Promoting a salary hike that could bring a rift between Wall Street and Main Street, US bankers are facing a robust growth and is seen to be emerging from the economical struggles it was facing during the serious depression in the 1920s. A pay rise for all the staff members of America's top 25 financial firms, showed a rate of more than £83bn which was given in way of salary as well as bonus, from £79bn in 2009.

Pocketing a huge amount by every employee, the hike comes due to a 1% increase in the revenues across bank industries. Though it is noticed that a hike has been credited for employees in many bank firms, the problem of job crisis never seems to cease.

When it comes to the city, U.S banks are increasing the basic wages for staff, which was seen to be one of the main cause in the 2008 banking crisis.