- 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)
Friday, January 13, 2012
Wall street bankers
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