REVEALED: Here's What Lloyd Blankfein And His Top Lieutenants Got Paid Last Year
Investment banking giant Goldman Sachs has just filed its proxy statement with the Securities and Exchange Commission.Goldman CEO Lloyd Blankfein made over $13.3 million and president/COO Gary Cohn...
View ArticleCheck Out The New Trading Floor Coming Next Year To The NYSE
When Atlanta-based Intercontinental Exchange (a.k.a. ICE) said it was acquiring NYSE Euronext, there were reports that the New York Stock Exchange floor trader days were numbered. In a private video...
View ArticleWe Toured Parts Of The New York Stock Exchange You Won't See On TV
The storied New York Stock Exchange in Manhattan's Financial District is a beacon of American capitalism.You've probably seen the facade of the "Big Board" and images of the trading floor on financial...
View ArticleFinancial Regulator Accuses Brokerage CEO Of Threatening To Run Over People...
FINRA, the Financial Industry Regulatory Authority, has charged "Wall Street 2" actor Anastasios "Tommy" Belesis and his brokerage firm John Thomas Financial with fraud. Just last month, the Securities...
View ArticlePROFESSOR: Cocaine Caused The Financial Crisis
Academic, who was sacked for claiming that horse riding was as safe as taking ecstasy, said abuse of cocaine caused the financial meltdown.The former Government drugs tsar, Professor David Nutt, has...
View ArticleHow Goldman Sachs Made A Fortune In The First Quarter
Goldman Sachsbeat expectations in its first quarter earnings report this morning.There were a few sectors where the bank really hit it out of the park.Keep in mind that Wall Street is still trying to...
View ArticleA Former Banker Explains How Wall Streeters Work 100 Hours A Week And Keep...
Former Goldman Sachs vice president Matt Levine, who is now an editor for popular financial blog Dealbreaker, has been writing a column for NPR's Planet Money called "Ask A Banker."In his latest...
View ArticleThe Highest Paid Internships Aren't On Wall Street
If you believe the highest-paid interns are on Wall Street, you're wrong.They're mostly in social media and technology, according to a recent Glassdoor.com survey. The site, which touts itself as a...
View ArticleSALLIE KRAWCHECK: The Top 5 HR Mistakes I Saw During My Wall Street Career
This post originally appeared on LinkedIn. Follow Sallie on LinkedIn In the industry in which I grew up, the most tired sayings include: “Our people are our greatest assets” and “Our most important...
View ArticleWoman Takes Her Late Father's Ashes To The Bank So They'll Stop Harassing Her...
A British woman named Siobhon Peers took her father's ashes to a RBS bank branch to prove he was dead so she would stop getting letters about the £6 ($9.15) he owed. From The Telegraph: Although she...
View ArticleThe Government's Mortgage Settlement Checks Bounced
Checks sent out by the government to provide financial relief to owners of distressed homes bounced, the New York Times' Jessica Silver-Greenberg and Ben Protess report.The funds come from a $3.6...
View Article11 Cracked Tales Of Cocaine On Wall Street
An academic, who was fired from being the British government's drug tsar for saying ecstasy was as safe as horseback riding, recently said cocaine use is what caused the financial crisis.Professor...
View ArticleHere's What We Know About The Sad State Of Wall Street Now That Earnings Are...
In the last week or so every Wall Street bank has reported its earnings, so now it's time for the takeaways.As usual the headlines of the week didn't tell the whole story.A quick glance looks like...
View ArticleA Victim Killed In The Boston Marathon Bombings Was Pursuing A Career As A...
The Boston University grad student Lu Lingzi, who was killed in the Boston Marathon bombings, wanted to work on Wall Street, Bloomberg News reported. According to Bloomberg, Lingzi was pursuing a...
View ArticleBillionaire Steve Schwarzman Has Donated $100 Million To Start His Own...
Billionaire private equity tycoon Steve Schwarzman has donated $100 million to endow a scholarship program similar to the Rhodes Scholars at Tsinghua University in Beijing, according to a press...
View ArticleFive Jaw-Dropping Stats That Show How Wall Street Is Scooping Up Tons Of...
Wall Street investment firms are feverishly grabbing single-family homes, the Washington Post reports.Wall Street's been buzzing about this trade for a while.Institutional investors are taking...
View ArticleCNBC Is Making Videos Of Puppets Reenacting Moments In The 'Goldman Sachs...
CNBC is now making videos of puppets reenacting the Goldman Sachs elevator Twitter account — the popular handle that claims to Tweet elevator gossip from within the investment bank. Seriously. We're...
View ArticleGood Luck Trying To Start A Hedge Fund Right Now
Breaking into the hedge-fund world is harder than beforeIF SETTING up a hedge fund were easy, more people would do it: bar inheritance or winning the lottery, there are few swifter paths to immense...
View ArticleThere Are Still A Few Jobs On Wall Street That Will Make You Wealthy
Yes, Wall Street is still hurting, but there are still a few jobs that will make you a ton of cash, and eFinancialCareers has the latest numbers.The most money is in alternative asset management —...
View ArticleSingapore Has Become A Wall Street Paradise
By 2020 the world's wealthy will have moved most of their private banking activity from Switzerland to Singapore, according to research group WealthInsight.And of course, they'll need people to manage...
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