CFTC Needs More Staff, Money, Gensler Says
Chairman Gary Gensler of the Commodity Futures Trading Commission reiterated the need for more staff and funding for the agency, a call he's made several times over the past year.Speaking at the...
View ArticleGoldman's Smith Offers Lesson in Poor Quitting Etiquette
Unless Goldman Sachs executive Greg Smith is shopping a book proposal, the scathing opinion piece he wrote announcing his resignation in Wednesday's New York Times is a lesson in how not to quit,...
View ArticleTake This Goldman Job And...
Until yesterday, Greg Smith was just one of the nearly 12,000 vice presidents employed by Goldman Sachs. Following his public resignation yesterday via a letter published in the New York Times' opinion...
View ArticleHow to Ace the Sales Job Interview
Being interviewed for a new job is always challenging, but interviews for sales jobs are in a class of their own. Not only must you pass the normal hurdles that all job seekers face, but you must...
View ArticleMF Global Bonus Plan Should Go, Senate Panel Says
A Senate committee probing the collapse of MF Global Holdings Ltd. sent a letter asking the trustee overseeing the failed financial firm to abandon a plan to pay bonuses to former top...
View ArticleThe Layoffs Are Here, In Case You Didn't Know
All of those layoffs banks have been warning about are finally taking hold.Financial News reports that global head count at seven investment banks fell to 191,538 at the end of 2011, down 2.4% from the...
View ArticleHouse Subcommittee to Vote on Subpoena of MF Global Assistant Treasurer
A U.S. House subcommittee plans to decide Wednesday whether to subpoena MF Global Holdings Ltd. employee Edith O'Brien to testify at a coming hearing about the securities firm's collapse, a person...
View ArticleHiring, not Firing: How to Get a Job at Cantor Fitzgerald
Big Wall Street firms might be laying off by the thousands, but smaller firms like Houlihan Lokey and Cantor Fitzgerald are doing the opposite. Hoping to capitalize on the dislocation of Wall Street's...
View ArticleWarren Buffett Will Pay You If You're Good
If you're disappointed with Wall Street pay, consider moving to Omaha. More specifically, to the den of the Oracle of Omaha.Warren Buffett rewards his lieutenants handsomely, Bloomberg reports, which...
View ArticleHow Tall People Get Ahead
Economists are convinced that height confers a natural advantage in the workplace, but some of the tallest New Yorkers still turn to each other to get a leg up in their careers.Local talls, as they...
View ArticleHiring at Goldman, Cantor Fitzgerald and How to Quit Your Job
Tip: Cantor Fitzgerald Hiring in 2012With big Wall Street banks laying off thousands, smaller firms are enticing displaced talent to their front doors. Cantor Fitzgerald will hire 200 people this year...
View ArticleTen Dumb Things Said During Job Interviews
We've all experienced it. That sinking feeling that occurs when the job interview that was going so well suddenly goes off track. Maybe it's the expression on the hiring manager's face, or the awkward...
View ArticleTrying for Taiwan
Everyone talks about hiring on China's mainland, but few have focused on its island neighbor, Taiwan. The Taipei Times reports that opportunities abound for jobseekers. Cathay Financial Holdings, the...
View ArticleIt's Not God's Work at Goldman
By now, Greg Smith is an online celebrity and, almost certainly, the loudest resignee in Goldman Sachs Group Inc.'s history. But if his invective is to be more than an Internet blockbuster, it has to...
View ArticleJefferies Spies Opportunity Among the Ruins
Investment bank Jefferies plans to increase headcount in certain parts of the firm in the second quarter, officials said yesterday when announcing first quarter earnings results.The bank brought on a...
View ArticleThe Downside and Upside of an Online MBA
The phrase "there is no reality, only perception" rings especially true in the job market, where the pre-conceived attitudes and opinions of hiring managers hold more weight than any bullet point on a...
View ArticleAsset Managers Get Big Paydays While Wall Street Cuts Back
Regulations and volatile financial markets are hitting many Wall Street chief executives hard in their wallets. But the CEOs of three of the largest asset-management firms in the U.S. have escaped the...
View ArticleMF Global Employee Subpoenaed
An MF Global Holdings Ltd. employee who oversaw transfers of money shortly before the securities firm collapsed was subpoenaed by a House subcommittee to testify at a hearing next week.The Oversight...
View ArticleAsset Management CEOs Still Rolling It In
Compensation may be down across Wall Street for chief executives, but the CEOs of three large asset-management firms in the U.S. aren't exactly weeping into their morning soymilk, The Wall Street...
View ArticleKengeter at UBS to Share Power
In a dramatic executive shuffle involving two banking giants, Bank of America Corp.'s Andrea Orcel plans to leave the big U.S. lender's European operation to become co-head of UBS AG's...
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