Two major Wall Street firms say their executives will face the same repercussions for misconduct as everybody else at the company -- but it's not clea...
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 ...
The CEO of one of the country's largest investment banks has some choice words for any employees upset about the prospect of a smaller paycheck this y...
Investment bankers are banding together to reportedly sue their former employer, claiming the bank owes them tens of millions of dollars in unpaid bon...
Payouts declined on Wall Street this year, as the major financial firms tried to steer through several quarters of lawsuits, layoffs, jittery markets,...
Goldman Sachs isn't likely to garner much public favor when it announces its earnings this week, as forecasts predict that the bank will boost the sha...
While many Americans will be squeezing as much as they can out of falling incomes to provide gifts this holiday season, some on Wall Street may be get...
Liz Gilbert said of Italy, "In a world of disorder and disaster and fraud, only artistic excellence is incorruptible." I have pondered her insight for weeks. I keep asking myself the essential question. Is the US headed the way of Italy?
ALBANY, N.Y. (By Michael Gormley, Associated Press) - Wall Street bonuses were up 17 percent to over $20 billion in 2009, the year taxpayers bailed o...
A handful of big banks that are struggling in the postbailout world are, by some measures, the industry's most magnanimous employers. Roughly 90 cents...
WASHINGTON (MARCY GORDON -- AP) -- Companies will have to reveal more information about how much they pay their top executives, under expanded require...
WASHINGTON (MARCY GORDON -- AP) -- Federal banking regulators are considering a plan to link the insurance premiums U.S. banks must pay to the degree ...
NEW YORK/WASHINGTON (Reuters) - The Obama administration's pay czar plans to announce on Friday his next wave of rulings as bailout recipients struggl...
He owns a 1,000-year-old castle. He's could get a $100 million bonus this year. And, believe it or not, he works for a bank that's 33 percent owned by...