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No More 'Muppets' in Email at Goldman
After an employee quit with a highly publicized critique of its culture, Goldman Sachs Group Inc. has been scouring emails and other internal communications for evidence of workers using derogatory...
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The Spinning Job Carousel at UBS
If there's any bank that's commanded the spotlight sheerly for its executive management shake-ups over the past year, it's UBS. Maybe Bank of America is a close second.It's fitting then that those two...
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Pay for Credit Suisse's Dougan Cut by Half
Credit Suisse's Chief Executive Brady Dougan took one of the biggest hits in his 2011 paycheck of any chief executive at a major global bank, the Swiss bank's annual report revealed Friday. Dougan's...
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Dartmouth President to Head World Bank
President Barack Obama picked Dartmouth College President Jim Yong Kim as the U.S. nominee to lead the World Bank, choosing a global-health expert to head the development institution.Dr. Kim, an...
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Corzine Instructed MF Global Fund Transfer, Email Says
Jon S. Corzine gave "direct instructions" to move $200 million from an MF Global Holdings Ltd. account containing customer funds three days before the securities firm collapsed, according to an...
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Whither Jon S. Corzine of MF Global
The coming week could help determine the future of Jon S. Corzine, the former Goldman Sachs Group chairman, when congressional investigators hold yet another hearing on the demise of MF Global, the...
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Hiring at Jefferies and in Taiwan, Maximizing Your Soft Skills
Tip: Jefferies Spies Opportunity Among the RuinsInvestment bank Jefferies will increase headcount in certain groups across the firm. It plans to add salespeople and traders for the Prudential Bache...
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All (Compliance) Hands on Deck
Since the Dodd-Frank Act passed in July 2010, financial companies have been gearing up to hire compliance officers. It looks like the time has finally come.Over the past two months, more than 300...
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MF Global's Corzine in Direct Contact with J.P. Morgan on Transfers
MF Global Holdings Ltd. Chairman and Chief Executive Jon S. Corzine was in direct contact with J.P. Morgan Chase & Co. officials about a large transfer of customer funds to the bank shortly before...
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Two Ways to Look at Pay
Big banks have been trying to lower their compensation ratio, or the percentage of revenue they pay employees, but it's the smaller banks that are paying the highest percentages.SNL Financial, a...
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MF Global's Edith O'Brien Talks Deal with Justice
The star witness in a congressional hearing about MF Global Holdings Ltd.'s collapse has told Justice Department representatives through her lawyers details about transactions that ended up dipping...
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Behind Edith O'Brien's Smile
No, that's not MF Global's Edith O'Brien in the photo, that's Leonardo da Vinci's painting of Mona Lisa.It might as well be Edith, however, given her appearance at yesterday's congressional hearing in...
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Blankfein Rating Drops in List of Top 25 CEOs
Unlike her predecessors, who were unceremoniously ousted, Hewlett-Packard's current chief executive, Meg Whitman, is earning the respect of her employees. According to the first-ever ranking of the Top...
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For Hungry Students, Wall Street Still a Draw
On a recent Saturday night in Cancun, Mexico, Kyle Carnes partied with his friends on spring break, listened to a live band and watched fire twirlers spin flaming sticks.He couldn't quite relax,...
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Nomura Hunts for Top Students
If you're a college grad looking to get into investment banking, look no further than Nomura. The Japanese bank has been using its two-year-old university recruiting program to find top talent. In...
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Your Every Move at Work Can Now Be Measured
Imagine how much better workers could do their jobs if they knew exactly how they spend their day.Suppose they could get a breakdown of how much time they spend actually working on their computer, as...
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RBC Wealth Management Wants You
The broker wars of 2012 are heating up as a foreign invader tries to crack the U.S., Asian, British and Latin American markets.Royal Bank of Canada's wealth management division wants to double its...
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Hiring for Students and Compliance
Tip: Companies On the Lookout for Compliance OfficersFinancial service firms have many looming deadlines ahead of them, like registering with the Securities and Exchange Commission. To meet them, they...
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Global Banks Prowling for IT Staff
Sales and trading jobs might be a tough get at this point in the Wall Street business cycle, but if you've got any tech skills, you may want to consider the IT department.Banks are expected to spend $2...
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Goldman Tries More Vacation Time to Boost Morale
Goldman Sachs plans to announce two measures giving its junior employees in the investment bank more vacation time, according to people familiar with the matter. Associates at the bank, the second rung...
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