Jeanne Branthover News
-
Goldman Sachs Group Inc., the fifth-biggest U.S. bank by assets, has started differentiating among Lloyd C. Blankfein’s top deputies again after four years of granting lockstep pay awards.
-
Lloyd C. Blankfein’s top deputies are no longer equal in terms of pay at Goldman Sachs Group Inc.
-
BlueCrest Capital Management LLP is accelerating its hires from Wall Street’s biggest banks as the hedge-fund manager takes advantage of compensation cuts to strengthen its foothold in fixed-income markets.
-
Bank of America Corp. co-Chief Operating Officer Thomas K. Montag received a 21 percent raise to $14.5 million for 2012, topping his boss Brian T. Moynihan for the third straight year.
-
Wall Street junk-bond underwriters, selling debt at a record pace after the securities returned 19 percent last year, say it’s obvious that prices will drop when interest rates rise. So don’t blame the banks.
-
Wall Street’s cash bonus pool rose 8 percent to $20 billion in 2012 as profits surged, according to projections by New York state Comptroller Thomas DiNapoli.
-
Goldman Sachs Group Inc. ’s top executives will get about $111.3 million in stock next month in a delayed payout from last year and their record-setting 2007 awards, even as Wall Street prepares for lower bonuses.
-
Jefferies Group Inc. and Goldman Sachs Group Inc. led Wall Street’s largest securities firms in average compensation per employee at midyear, widening a lead over JPMorgan Chase & Co.
-
Three years after the collapse of Bear Stearns Cos., which helped fuel the worst financial crisis since the Great Depression, former bond executives of the firm are running businesses at one-time rivals, including Bank of America Corp. and Goldman Sachs Group Inc.
-
Allen Chu and Ashwin Ranganathan, equity traders at Tudor Investment Corp., left after more than seven years, bringing to at least nine the number of departures since December from the $11.6 billion hedge fund run by Paul Tudor Jones, according to people familiar with the matter.
|
|
Most Popular on Bloomberg
|
| |