01/26/2022
Citi ties more banker bonuses to longer-term risk taking
Senior bankers at Wall Street peers often receive 40% to 50% of bonus payments in deferred equity, according to dealmakers contacted by Financial News.
01/26/2022
Bank of America to Give Employees Stock Awards -Memo
The awards will go out to eligible bank employees earning annual total compensation of $500,000 or less.
01/19/2022
Net income applicable to common shareholders was $3.55 billion, up 4% year over year.
01/19/2022
Goldman notches record year-end results but Q4 profit misses targets and shares fall.
01/19/2022
Investment banks are having a harder time holding on to analysts who often work 80 or more hours a week at some places.
01/19/2022
League tables rank financial service firms based on the amount of investment banking advisory fees they generate.
01/18/2022
Goldman's trading unit reported a lower profit in the fourth quarter compared to a year earlier as a more stable economy resulted in fewer swings in financial markets.
01/14/2022
The financial results are available online
01/12/2022
In the first three quarters of 2021, the businesses Citi intends to exit together accounted for about $3.5 billion in revenue, $1.2 billion in earnings before tax, Citi said in a statement.
01/06/2022
“Merrill advisors enter this year with tremendous momentum, having achieved best ever growth grid results in 2021, and many having had their best year ever,”
12/30/2021
Thus far, eight international banks have become majority shareholders of their brokerage joint ventures.
12/29/2021
Bear Stearns, the smallest and most leveraged of the top banks in crisis, has earned a reputation as a vulnerable person on Wall Street.
12/15/2021
Compensation firm Johnson Associates Inc said last month that bonuses for Wall Street staffers were expected to be at their highest this year since 2009, with investment bankers and equities traders in line for the biggest payouts.
12/10/2021
The teams cumulatively manage more than $560 million in assets and are based throughout the Lone Star State.
12/09/2021
On the trading side, results in the current period will likely be down about 10%, Pinto said, noting that the fourth quarter of last year was the unit’s best in history.
12/08/2021
Banks have been battling for top dealmakers as fees have soared
12/03/2021
Still, the sources said executives understand that the favorable environment is likely to recede as the central bank tightens monetary policy.
12/02/2021
We are hopeful that recent progress to end the human and economic impacts of the COVID-19 pandemic will continue well into 2022.
11/29/2021
Bumper bonuses from the Canadian bank lay down the gauntlet for Wall Street rivals
11/24/2021
Shares of Cowen were down 0.3% at $38.20 in early trading.