10/17/2014
The amount of money it has set aside for compensation is more or less unchanged, as is the average compensation per employee, at around $320,000 for the first nine months of the year.
10/17/2014
Top Goldman Sachs Group Inc executives are determined to keep compensation costs under control.
10/16/2014
Tom Braithwaite and Camilla Hall in New York and Daniel Schäfer in London
10/13/2014
Investment banking executives and recruiters say bonuses for 2014 are shaping up to be in line with or slightly better than last year, dampening expectations of a return to big paydays despite a jump in local capital markets and merger activity.
10/09/2014
JPMorgan’s fixed-income trading revenue fell 14 percent to $10.6 billion in the first nine months of 2014, the steepest drop among the five largest Wall Street banks, according to data compiled by Bloomberg for the first half and analyst estimates f
10/06/2014
An analysis of its recent performance reveals that Goldman is nowhere near the champion of old.
10/03/2014
We will continue to grow where we are already strong, such as in equity derivatives, but also re-expand our footprint not just in Europe but also the US and Asia
09/23/2014
Mizuho decided to sell the stakes because of the Volcker Rule
09/18/2014
JPMorgan Chase is America's biggest bank with more than $2.5 trillion in assets on its balance sheet.
09/04/2014
Lazard Asset Management LLC today announced the launch of two open-end equity funds, expanding LAM’s international and global fund offerings.
09/03/2014
ING Financial’s broker/dealer and remaining businesses all rebrand under Voya Financial
09/03/2014
It’s easy to imagine that the well-trodden path from the Ivy League to Wall Street has always existed.
09/02/2014
How to get paid more for managing money and still give investors what they want
The requisite tax was payable even if the manager did not even take the money out of the fund.
09/02/2014
Wall Street firms are hiring more junior bankers and giving more interns full-time jobs this year.
09/02/2014
Nomura Holdings Inc. is seeking to hire investment bankers and expand industry coverage in the U.S.
08/27/2014
Investment banks are using both the carrot and the stick to ensure that their junior talent doesn’t depart for rivals, hedge funds or private equity firms
08/26/2014
Espirito Santo Bank presents an excellent opportunity
08/26/2014
A handful of outsiders are hired annually with that title.
08/26/2014
A defining quality of Harold F. Tiernan, a retired banking executive, was his perseverance in the face of adversity, his sister recalled Monday, including the devastating quickness of the illness that took his life on Sunday.
08/21/2014
Montag, a former Goldman Sachs Group Inc. GS executive, joined Bank of America when it bought Merrill Lynch in 2009