01/14/2020
In the last few weeks of 2019, Morgan Stanley, UBS and Wells Fargo announced changes to their comp structures for this year, each designed to incentivize their advisors to grow their assets. But the changes weren’t received well by many.
01/08/2020
The changes, just before the bank’s fourth-quarter earnings report next week as well as its first-ever investor day later this month, should allow investors a cleaner look at how Goldman lines up with competitors.
12/31/2019
CMG, which is run globally by David Friedland, is therefore a move by Goldman to boost revenues outside its traditional large-cap M&A franchise where it is perennially ranked number one and sees less scope for growth.
12/11/2019
The Israel office, Raymond said, will enable Stifel to provide improved service and execution to clients operating in Israel or active in the Israeli market.
10/22/2019
Only JPMorgan and Citi don't seem to have shiny new premises in the French and German financial centres, although both are said to be looking for somewhere in Paris (presumably with a degree of desperation at this stage).