The Latest Bankers To Hear Bad Bonus News
As Wall Street adjusts to a less profitable chapter in its history, bankers may be finally feeling the pain that many American workers have known for ...
As Wall Street adjusts to a less profitable chapter in its history, bankers may be finally feeling the pain that many American workers have known for ...
Posted 12.22.2011
As Wall Street traders cheered positive jobs data on Thursday, they seemed to ignore layoffs and bonus cuts on their own trading floors that will ...
Posted 11.16.2011
Citigroup Inc may cut "slightly more" than 3,000 jobs, becoming the latest U.S. bank to eliminate positions, a source familiar with the matter sai...
Posted 11.14.2011
(Mark Felsenthal) - The Federal Reserve, facing rising global financial strains and recession fears, is poised to increase downward pressure on lo...
Posted 09.17.2011
Goldman Sachs has cut its forecast for U.S. second-quarter growth to 1.5 percent from 2 percent, citing weak consumer spending. The downgrade f...
Posted 07.19.2011
WASHINGTON - The number of Americans filing new claims for unemployment benefits fell more than expected last week, offering hope the labor market...
The Huffington Post | William Alden | Posted 05.25.2011
Even as the nation lacks the jobs to employ millions of workers, one crucial source of job-creation is being squelched: New businesses, which, accordi...
Charlotte News-Observer | Posted: Saturday, Sep. 19, 2009 | Posted 05.25.2011
The FBI in Charlotte and the U.S. Justice Department are among the multitude of agencies investigating Bank of America Corp.'s acquisition of Merrill ...
Posted 05.25.2011
Federal Reserve Chairman Ben Bernanke is testifying before Congress today where he will be grilled on Bank of America's acquisition of Merrill Lynch. ...
New York Times | LOUISE STORY and ERIC DASH | Posted 05.25.2011
CHARLOTTE, N.C. -- One Merrill Lynch trader apparently gambled away more than $120 million in the currency markets. Others seemingly lost hundreds of ...
AP | MADLEN READ | Posted 05.25.2011
NEW YORK — Merrill Lynch's shotgun sale to Bank of America will create the nation's largest financial services company _ one that some believe i...
The Huffington Post | Bonnie Kavoussi | Posted 03.27.2012