Investment Banks

Hire One, Fire 350

The Huffington Post | D.M. Levine | Posted 05.31.2012

Read More: Investment Banks, Layoffs, Merrill Lynch, Financial Sector, Job Cuts, Finance, Bank of America, Banks, Bofa, Business News

Amid the banking world’s Great Contraction, Bank of America is adding jobs -- but only a few targeted positions, and it's laying off many more worke...

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Attacking Business = Hating America

HuffingtonPost.com | D.M. Levine | Posted 05.08.2012

Read More: Investment Banks, JPMorgan Chase, Banks, Hiring, Jamie Dimon, Economic Recovery, Business, Parties, Business News

JPMorgan Chase CEO Jamie Dimon took the opportunity at Monday evening's Fortune 500 dinner to hail American business and trash its critics. Speaki...

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Wall Street's Speed Demons: A 10-Point Primer

Sarah Anderson | Posted 05.04.2012

Read More: Investment Banks, Wall Street Reform, High-Frequency Trading, Proprietary Trading, Hedge Funds, Flash Crash, Financial Transactions Tax, Business News

Who are "high-frequency traders"? And what sort of games are they playing with our economic future? Here are 10 things you should know.

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It's Lonely at the Top -- Why Peer-to-Peer Networking for Financial Services CEOs Is Critical

April Rudin | Posted 04.28.2012

Read More: Investment Banks, C-Level, Wealth, Wall Street, Insurance, Financial Services, Tiburon Strategic Partners, Investment, Ceo, Banking, Brokerage, Peer Networking, Business News

Within the industry, the Tiburon CEO Summit has a certain "mystique" about it. Where can a CEO turn for unbiased advice and camaraderie? Other top-shelf execs!

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Morgan Stanley Faces Loss Due To Accounting Charge

AP | CHRISTINA REXRODE | Posted 04.19.2012

Read More: Investment Banks, Earnings, Factset, Goldman Sachs, Video, Morgan Stanley, Ceo James Gorman, Wealth Management, Revenue, Accounting, Financial Planning, Investors, Business News

NEW YORK — Morgan Stanley reported earnings that far exceeded investors' forecasts Thursday, sending its stock higher even as the rest of the ma...

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Ex-Wall Street Banker: Volcker Rule Will Correct A Dangerous Mistake

The Huffington Post | Alexander Eichler | Posted 04.18.2012

Read More: Investment Banks, Video, Proprietary Trading, Dodd-Frank, Commercial Banks, Occupy Wall Street, John Reed, Roger Vasey, Volcker Rule, Paul Volcker, Financial Regulation, Glass-Steagall, Volcker, Business News

Apparently not every banker hates the Volcker rule. Roger Vasey, who used to be in charge of global debt markets at Merrill Lynch, penned a pro-Vol...

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Banks Profitting Off Government Program Aimed At Struggling Borrowers

The Huffington Post | Bonnie Kavoussi | Posted 03.29.2012

Read More: Investment Banks, Banks Harp, Video, Banks Profit Harp, Banks Harp Profits, Banks Harp Profit, Banks Harp 2.0, Big Banks Profits, Banks Profit, Banks, Harp, HARP 2.0, Big Banks, Business News

Perhaps the government's homeowner assistance program should be renamed the bank assistance program. Big banks have profited from HARP 2.0, the gov...

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Every Time A Bank Shrinks, Another Private Equity Firm Gets Its Wings

D.M. Levine | Posted 03.22.2012

Read More: Investment Banks, Banks, Private Equity, Bain Capital, Lloyds, Business News

As banks keep shrinking, private equity keeps growing. A subsidiary of Bain Capital, the private equity firm Mitt Romney helped found, has agreed t...

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On Greg Smith, Goldman Sachs, and a Perp Walk Down Memory Lane

Omer Rosen | Posted 05.22.2012

Read More: Investment Banks, Goldman Sachs, Finance, Financial Reform, Banking, Greg Smith, Derivatives, Equity Derivatives, Business News

A year ago I wrote about my shady derivatives dealings during my time at Citigroup. I spent some time in a counterpart of sorts to the Goldman Sachs group Greg Smith recently resigned from, equity derivatives.

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Goldman Sachs? Just Fine, Thank You

HuffingtonPost.com | D.M. Levine | Posted 03.15.2012

Read More: Lloyd Blankfein, Investment Banks, Goldman Sachs, Wall Street, Dick Bove, New York Times, Rochdale Securities, Greg Smith, Business News

For those wondering whether the bad press that has plagued Goldman Sachs in recent weeks is likely to affect the firm's bottom-line, industry insiders...

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Twitter Reacts To Super Public Goldman Resignation

Posted 03.14.2012

Read More: Investment Banks, Vampire Squid, Goldman Sachs, Video, Greg-Smith-Goldman-Sachs, Greg-Smith-Letter, Greg Smith Goldman Resignation, Occupy Wall Street, Business News, Greg-Smith, Slidepollajax, Greg Smith, Business News

A Goldman Sachs executive revealed today that he was bronze medalist in the Jewish Olympics. Okay, he also said his now-former firm refers to its clie...

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Goldman Tops Wall Street In Investment Banking Fees

D.M. Levine | Posted 03.14.2012

Read More: Investment Banks, Goldman Sachs, Investment Advisor, Bank Fees, Business News

Goldman Sachs' investment advisory practices seem to be paying off despite recent controversies about the firm. This week, Bloomberg released its l...

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How Working On Wall Street Will Make You Sick

The Huffington Post | Alexander Eichler | Posted 02.15.2012

The life of a Wall Street banker is glamorous -- if you don't mind grappling with alcoholism, eating disorders, Crohn's disease and arthritis. Thes...

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Better Banking

Jurriaan Kamp | Posted 03.24.2012

Read More: Investment Banks, Finance, ING Direct, Economy, Economic Development, Banks, Capitalism, Better Banking, Banking Reform, Business News

Banks are making money with money rather than providing the services to society that they were originally established for: collecting and rewarding savings and using these funds for investments that would enrich society.

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Global Investment Banking Fees Plunge To Three-Year Low

Posted 01.04.2012

Read More: Investment Banks, European Debt Crisis, Business News, Video, Investment Banking Fees 2011, Investment Banking, Investment-Banking-Fees, Business News

LONDON, Jan 4 (Reuters) - Global investment banking fees hit their lowest level for three years in 2011, costing $5 billion in lost income compare...

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The Investment Banking Profession As We Know It Is Over

Bloomberg | William D. Cohan | Posted 12.27.2011

Read More: Investment Banks, Ivy League Careers, Wall Street, Ivy League, Business News, Ivy League Schools, Investment Banking, Wall Street Jobs, Business News

We are witnessing the decline and fall of the investment-banking profession as we have known it for the past 40 years. The evidence is everywhere. ...

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Banks At A Tipping Point, Heading For Decline

HuffingtonPost.com | Catherine New | Posted 12.16.2011

Read More: Investment Banks, Layoffs, Goldman Sachs, Mobile Banking, Morgan Stanley, Job Cuts, Financial Services, Downsized, Atms, Chase, Banking, Citibank, Bank of America, Consumers, Retail Banks, Business News

Wall Street has lost its luster. Financial services -- the white-collar industry that has grown to more than 8 percent of the economy -- is at a tippi...

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Goldman Raises Hundreds Of Millions To Invest In Start Up Hedge Funds: Report

Posted 11.30.2011

Read More: Investment Banks, Goldman Sachs, Video, Hedge Fund Traders, Hedge Funds, Hedge Fund Managers, Start-Ups, Business News, Goldman Sachs Investments, Goldman, Goldman Sachs Hedge Fund, Business News

Goldman Sachs (GS.N) has raised $600 million from clients such as pension funds, wealthy families and large institutions for a new fund that would...

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Why Critics of Wall Street Exist Among Avowed Capitalists

Rabbi Shmuley Boteach | Posted 01.20.2012

Read More: U.S. Banks, Investment Banks, Wall Street Critics, Too Big to Fail Banks, Banks, Occupy Wall Street, Wall Street Criticism, Too Big to Fail, Business News

Since I am an avowed capitalist, why should there be any issue with banks or those who have legitimately found a means by which to produce staggering wealth? For two reasons.

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Goldman Sachs Names New Managing Directors, Amid Wall Street Layoffs

Posted 11.18.2011

Read More: Investment Banks, Goldman Sachs Directors, Business News, Goldman Sachs, Hiring, Video, Wall Street Layoffs, Wall Street Hiring, Goldman Sachs Managing Directors, Business News

Goldman Sachs Group Inc (GS.N) promoted 261 employees to managing directors this week, according to an internal memo sent this week, as the bank s...

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Top 10 Ways You Know You Are Dealing With an Investment Banker

John R. Talbott | Posted 01.18.2012

Read More: Investment Banks, Wall Street, Investment Bankers, Investment Banking, Occupy Wall Street, Business News

I got introduced to speak at Occupy San Diego tonight as an ex-investment banker from Goldman Sachs. So, I started my talk by saying, "I was an investment banker, and I'm sorry." I then went on to list the top ten ways you know you are dealing with an investment banker.

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UBS To Significantly Downsize In Coming Years

AP | By The Associated Press | Posted 11.17.2011

Read More: Layoffs, Investment Banks, Video, Labor Market, Unemployment, Wall Street, Stock Market, Jobs, CEO Sergio Ermotti, UBS AG, Business News

-- Swiss lender UBS AG told investors how it is downsizing its investment bank and shrinking that division's staff as the overall bank tries to reduc...

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Goldman CEO: Wall Street Could Bounce Back

Posted 11.15.2011

Read More: Lloyd Blankfein, Investment Banks, Goldman Sachs, Video, Wall Street Slowdown, Wall Street, Lloyd Blankfein Wall Street Rebound, Goldman Sachs Ceo Lloyd Blankfein, Business News, Goldman Sachs CEO, Business News

Goldman Sachs Group Inc (GS.N) Chief Executive Officer Lloyd Blankfein said it is too early to say that Wall Street business is down because the i...

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Colin Powell Plays the Risk Card

Howard Steven Friedman | Posted 01.15.2012

Read More: Investment Banks, Goldman Sachs, Secretary of State, Colin Powell, Hedge Funds, Occupy Wall Street, Piers Morgan, #Occupywallstreet, Wall Street Bonuses, Glass-Steagall, Politics News

The former Secretary of State is either completely ignorant of of the basic facts associated with the financial industry or he is a paragon of someone who has succeeded in a massively slanted socioeconomic system an has no interest in seeing it even slightly leveled.

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Occupy Wall Streeters: Be Careful What You Ask For

Jonathan_Miller | Posted 01.10.2012

Read More: Investment Banks, Investing, J.P. Morgan Chase, Occupy Wall Street, Banks, Kentucky, State-Treasurer, Big Banks, Politics News

"Invest in Kentucky" can prove to be an influential force if it chooses to get the discussion started. But it first needs to turn its sights to the right target, and petition the General Assembly to effectuate the change it so desires.

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