Tuesday, 16 July 2013

More than 2,400 UK bankers paid $1m-plus, EU regulator says

Wall Street Job Report Newsletter
July 16, 2013                   
07-16-2013 11:55:00 AM

The row over bankers' pay has been reignited by data showing that more than 2,400 bankers in the City were paid in excess of €1m (£870,000) in 2011 - more than three times as many as in the rest of (...)Read the rest of this entry »...»

07-16-2013 12:59:53 PM

Barclays said on Tuesday that it had named Tushar Morzaria, a JPMorgan Chase executive, as chief financial officer. He succeeds Christopher G. Lucas, who announced his plan to retire earlier this year. Mr. Morzaria, 44, is the chief financial officer (...)Read the rest of this entry »...»

 

07-16-2013 15:07:40 PM

Full disclosure: I have a love-hate relationship with LinkedIn. As a businessman and recruiter it is a terrific way to reach a large target audience and make them aware of myself, my brand and jobs that I am recruiting for. (...)Read the rest of this entry »....»

07-16-2013 12:15:52 PM

Goldman Sachs posted adjusted earnings per share of $3.70 for the second quarter beating Wall Street analysts' expectations. Revenue for the second quarter came in at $8.61 billion. On average, analysts expected the bank to post adjusted EPS of $2.88, according (...)Read the rest of this entry »...»

 

07-16-2013 11:59:44 AM

Citigroup, the No. 4 U.S. bank by assets, said it earned $4.2 billion in the second quarter. That's a good bottom line: growth of 44%, and, at $1.34 per share, 14% ahead of estimates. Much of the gain, nearly $900 (...)Read the rest of this entry »...»



07-16-2013 13:16:11 PM

Zhang Defa hurried into an Industrial & Commercial Bank of China Ltd. branch in Shanghai on a sizzling July afternoon breathlessly looking for the manager. The day before, Zhang had received a text message saying the bank was selling a 37-day wealth-management product with (...)Read the rest of this entry »....»

 

07-16-2013 13:14:54 PM

Wall Street has a shaky grip on its ethical compass, a new study suggested Tuesday. Despite the financial reforms enacted after the 2008 financial crisis, improper and even illegal activity is perceived as common among traders, brokers, portfolio managers, investment (...)Read the rest of this entry »...»

 

07-16-2013 15:12:10 PM

Hedge funds across the world posted their largest loss for 12 months in June, as heightened fears of slowing growth in China and the tapering of the Federal Reserve's bond buying program hit performance, new research has found. Total assets (...)Read the rest of this entry »...»

 
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07-16-2013 15:03:23 PM

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07-16-2013 14:49:55 PM

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07-16-2013 13:39:22 PM

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07-16-2013 13:36:00 PM

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07-16-2013 13:29:29 PM

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07-16-2013 13:28:07 PM

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07-16-2013 13:20:44 PM

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Bank Of America Earnings Preview: Will BAC Top Forecasts? 

07-16-2013 11:46:28 AM

Bank Of America Earnings Preview: Will BAC Top Forecasts? - International Business Times...»

07-16-2013 11:16:00 AM

Tuesday Morning Compliance News RoundUp Banks in the United Arab Emirates are seeking five years to comply with a central bank regulation to limit their exposure to government entities in the second-biggest Arab economy....»

07-16-2013 11:01:21 AM

Former President George H.W. Bush joined President Barack Obama on Monday to honor the 5,000th recipient of the Points of Light Award. Points of Light is the largest organization dedicated to volunteer service; the Daily Point of Light Award was founded by George H.W. Bush to honor volunteers every weekday of the year, including holidays. (Photo credit: Larry Downing/ Reuters) ...»

Will Spitzer be NYC's activist investor? 

07-16-2013 10:58:38 AM

Will Spitzer be NYC's activist investor?...»

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