Big Share Of Wall Street's Young Workers Considering Career Switch
Young Wall Street workers are getting fed up. More than 20 percent of Wall Street employees born since 1980 say they would rather not work in the ...
Young Wall Street workers are getting fed up. More than 20 percent of Wall Street employees born since 1980 say they would rather not work in the ...
The Huffington Post | Alexander Eichler | Posted 04.04.2012
Ask many of those on Wall Street, and they'll tell you of an industry grappling with a terrible state of affairs. But for those lucky enough to have k...
Reuters | Posted 05.08.2012
* Asia Pacific financial salaries to rise 5 pct, US 2.5 pct * EMEA banks likely to see most sluggish pay growth in 2012 ...
The Huffington Post | Alexander Eichler | Posted 03.02.2012
Wall Street seems to have learned a neat trick: how to make more money while producing less. Between 1980 and 2010, the U.S. financial industry nea...
Posted 03.01.2012
When the history books make their judgments about pre-crisis Wall Street, they'll come down hard on those salaries for twenty-somethings -- at least a...
The Huffington Post | Jillian Berman | Posted 02.28.2012
Wall Street just scrimped, saved and cut its way back to pre-recession levels of profit. Bank profits jumped to a five-year high in 2011, according...
The Huffington Post | Alexander Eichler | Posted 02.08.2012
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...
The Huffington Post | Jillian Berman | Posted 02.06.2012
The fallout from the financial crisis has already changed the way much of America views Wall Street. It may also be changing the way the financial ind...
Reuters | Posted 04.05.2012
Feb 3 (Reuters) - Goldman Sachs Group Inc awarded Chairman and Chief Executive Lloyd Blankfein a $7 million restricted stock bonus as part of his 2...
The Huffington Post | Bonnie Kavoussi | Posted 03.27.2012
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 03.27.2012
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...
Posted 01.24.2012
First it was the layoff announcements. Now it's time for pay cuts. A new type of structural adjustment continues to plague one of America's most i...
The Huffington Post | Jillian Berman | Posted 01.24.2012
Investment bankers are banding together to reportedly sue their former employer, claiming the bank owes them tens of millions of dollars in unpaid bon...
HuffingtonPost.com | Alexander Eichler | Posted 01.21.2012
Payouts declined on Wall Street this year, as the major financial firms tried to steer through several quarters of lawsuits, layoffs, jittery markets,...
The Huffington Post | Alexander Eichler | Posted 01.23.2012
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...
The Huffington Post | Alexander Eichler | Posted 01.23.2012
Wall Street firms will be getting a more modest payday this year, though how long it lasts will be anyone's guess. Executive paychecks at big finan...
The Huffington Post | Jillian Berman | Posted 01.11.2012
On Wall Street, there's some feeling that things just aren't what they used to be. The industry that many allege played a fundamental role in the f...
The Huffington Post | Jillian Berman | Posted 01.10.2012
Some of Wall Street's youngest workers may not be getting the pay raise they expect this year. Credit Suisse will likely stop its practice of auto...
The Huffington Post | Jillian Berman | Posted 01.09.2012
For some on Wall Street, a less-than-stellar bonus is simply too much to bear. Brokerage executives at one Wall Street firm, Jefferies Group, have...
Posted 12.27.2011
More than one-third of job cuts at Morgan Stanley will likely hit workers in New York City. Nearly 600 of the 1,600 job cuts that Morgan Stanley a...
The Huffington Post | Jillian Berman | Posted 01.23.2012
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...
Posted 11.28.2011
The average Wall Street bonus will decline by 20 percent to 30 percent this year, according to a closely watched compensation report, as banks cut...
HuffingtonPost.com | Rod Kurtz | Posted 08.15.2011
The rich, it seems, only get richer -- even during tough times. Despite an economic hangover stemming from the Great Recession and continued struggles...
Posted 09.07.2011
NEW YORK (Lauren Tara LaCapra) - Large Wall Street banks are starting to scale back compensation on trading desks as shareholders grow increasingl...
Jim Wallis | Posted 05.25.2011
I like teachers. But what I am learning from conservatives these days, especially the hosts and commentators for Fox News is that public school teachers are greedy.
The Huffington Post | Jillian Berman | Posted 05.08.2012