Wednesday's Headlines: Wall Street Pay Soared in 2010

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Compensation at publicly traded Wall Street banks and securities firms hit a record last year. [WSJ]

Do you smoke? It could hurt your career on Wall Street. [Dealbreaker]

A nasty new bonus reality dawns at Nomura [eFC UK]

Hedge fund launches raised more money in 2010 as new managers entered the fray. [Marketwatch]

UBS established a wealth management team in Charlotte by adding formr U.S. Trust employees. [WSJ]

BlackRock CEO Larry Fink received a $13 million bonus in restricted stock and options. [Financial News]

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