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The day in numbers: $627,500

By Sunaina Gulati for CNN
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(CNN) -- It's the time of the year when city staff anticipate their year-end bonuses. Following a record year, employees of investment bank Goldman Sachs & Co. will be paid unprecedented amounts. In London, average staff earnings, including bonus, are as high as $627,500 (319,000 pounds).

$1.96 million: The amount (one million pounds) a large number of employees in London will be receiving. But the real stars will be getting many times more than that.

$17.6 billion: The amount (nine billion pounds) that will be shared by employees all over the world, up 40 percent from last year.

$589,000: The amount (300,000 pounds) at which basic salaries even at the highest levels are capped. However, on top of that is the opportunity to multiply it many times in performance-related bonuses.

4,500: The total number of Goldman Sachs employees in London.

6 to 6: An average working day at the bank starts at 6.30 a.m. and ends at 6 p.m.

40: The age at which many staff retire -- a consequence less due to burnout than because most of them earn enough by then.

$37.67 billion: The net revenue for the company in the year ending November 24, 2006. Net earnings were $9.54 billion.

$600,000: The salary of chairman and CEO Lloyd C. Blankfein, 52.

$19,120,500: Blankfein's bonus in 2005.

76 percent: The amount by which the price of common shares rose, from $11.21 to $19.69, this year.

$16.7 billion: The value of the Goldman Sach's deal brokered for Mittal Steel's acquisition of Arcelor this year.

83: The bank's position in the Fortune 500 list of the world's biggest companies.

41: Goldman Sach's position in Fortune magazine's annual list of the largest American companies.

31,000: Approximately the number of staff employed by the bank around the world.

1869: The year Marcus Goldman founded the company in Pine Street, Lower Manhattan. Then it was called Marcus Goldman & Co.

1892: The year Goldman invited his son-in-law Samuel to join the firm, forming M. Goldman and Sachs.


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Annual earnings for city workers in London have reached $627,500.

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