Friday, 9 August 2013

Meredith Whitney predicts "...Seismic Down-Sizing of Wall Street...

Wall Street Job Report Newsletter
August 9, 2013                   
08-09-2013 12:41:04 PM

If Wall Street thinks things are bad now, just wait - they're about to get worse. The US financial sector is facing an epic round of layoffs that could hit 100,000 workers as the big banks wrestle with a global (...)Read the rest of this entry »...»

08-09-2013 10:05:11 AM

The Federal Reserve governor leading the central bank's effort to tighten financial regulation has a decision to make as its governing board is reshaped: Should he stay or should he go? Overshadowed by speculation about the next Fed chairman is (...)Read the rest of this entry »...»

08-09-2013 09:22:44 AM

Bank of America has deducted $12 monthly fees from the account of a customer who died in March. And it can legally continue doing so for years. Rocco Bersane died in March at the age of 56 after being hospitalized (...)Read the rest of this entry »....»

08-09-2013 09:11:51 AM

The criminal investigation of JPMorgan Chase & Co.'s mortgage-backed securities practice is evidence a U.S. Justice Department task force set up to investigate causes of the financial crisis is finally getting some traction against banks blamed for ruining the economy. (...)Read the rest of this entry »...»

 

08-09-2013 08:53:52 AM

Wall Street banks have gained market share in investment banking and trading from European lenders that are still grappling with a stagnant economy and pressure from regulators to bolster capital. Total revenue posted by the securities units of the top U.S. investment (...)Read the rest of this entry »....»

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08-09-2013 14:56:52 PM

A tipster sent us this photo of an enterprising young man outside the Battery Park ferry terminal near Goldman Sachs and the NYMEX giving out free donuts and coffee so he can get hired. His name is Michael Penn and (...)Read the rest of this entry »...»

 

08-09-2013 12:43:59 PM

Ever had to sit through a 5-hour interview filled with team projects, skills tests and a question-and-answer period in front of five company managers? If not, be grateful. For while many job interviews can be rough, there are a select (...)Read the rest of this entry »...»

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08-09-2013 12:49:07 PM

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08-09-2013 12:44:44 PM

Elysium Can't Stay Aloft The new film from District 9 director Neill Blomkamp boasts stunning visuals, but the plot leaves much to be desired....»

Parkour Training Heads Indoors in NYC - 2013 Video 

08-09-2013 11:31:27 AM

Parkour Training Heads Indoors in NYC - 2013 Video Parkour is a sport that originated in urban outdoor spaces. But gyms like BKLN Beast have begun offering indoor parkour training for those looking to expand beyond the streets....»

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08-09-2013 10:17:04 AM

Friday Morning Compliance News Roundup Wells Fargo & Co. (WFC) didn't misrepresent its securities-lending program to Blue Cross Blue Shield of Minnesota and 11 other institutional investors and isn't liable for any losses, a federal jury found. The St. Paul, Minnesota, jury yesterday cleared the bank of all allegations the investors made in their 2011 lawsuit. ...»

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