Friday, January 13, 2012

Wall street bankers

  • Shane Robinson celebrated his Merrill Lynch job offer over lunch and cocktails at a trendy Manhattan restaurant. His bosses toasted him and asked what he planned to do with the $10,000 end-of-internship bonus.
  • (Huffington Post)
  • Jan. 10 (Bloomberg) -- Wall Street's biggest firms, facing a slump in investment-banking revenue, are considering freezing compensation levels for some junior bankers, according to people familiar with the deliberations.
  • (Businessweek)
  • Wall Streets biggest firms, facing a slump in investment-banking revenue, are considering freezing compensation levels for some junior bankers, people familiar with the deliberations said.
  • (Yahoo Finance)
  • Wall Street is a rigged game.And if youre an individual investor More telling is that the investment bankers appear to be putting their money where their mouth is. As of Dec.
  • (Marketwatch)
  • The worlds biggest financial firms have announced more than 1,00,000 job cuts since the summer, so banking has already got leaner. Now, it is about to get meaner.
  • (Economic Times)
  • The Wall Street bankers forecast that the policy-setting Federal Open Market Committee would not change its current interest rate target of between 0 to 0.25 percent earlier than mid-2013.
  • (msnbc.com)
  • For most Wall Street bankers, 2011 was a year they would rather forget. Investors will soon find out just how bad that year was for the country's biggest financial institutions.
  • (CNBC)
  • Wall Street bankers are fuming about the prospect of paltry payouts come bonus time — and plan to go nuclear. They're taking their cues from their disgruntled brethren in London, who are eyeing lawsuits to regain their over-the-top pay.
  • (New York Post)
  • Morgan Stanley is expected to shrink bonuses for some investment bankers and traders by 30% to 40% from 2010, said people familiar with the matter.
  • (Wall Street Journal)
  • Ahead of any prospective oil embargo, European refiners have begun stopping spot purchases from Iran as bankers step back from financing such deals.
  • (Seekingalpha.com)

No comments:

Post a Comment