In Lower Manhattan, there is the New York Stock Exchange, on Wall Street, and the NASDAQ, at 165 Broadway, representing the world's biggest and second biggest stock exchanges, respectively. Investment banking fees on Wall Street totaled about $40 billion in 2012, while in 2013, senior New York City bank officers who manage risk and compliance functions earned as much as $324,000 every year. In fiscal year 2013–14, Wall Street's securities industry made 19% of New York State's tax revenue.