The chief executive of Blackstone Group pocketed at least $800m last year, one of the largest ever paydays at a listed company and the latest sign of Wall Street's post-crisis rebound, write Ryan Dezember and Mark Maremont for The Wall Street Journal.

Stephen Schwarzman's pay, detailed in a regulatory filing yesterday, shows the popularity of firms that manage private investment funds for institutional and wealthy investors. Blackstone has benefited from strong debt, equity and real estate markets, alongside banks' retreat from lending, which the firm has expanded into.