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Wall Street

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Financial Markets

Dodd-Frank 'Written in Anger,' Needs Fixing

Wall Street regulations crafted after the financial crisis were written quickly during turbulent times and need to be changed, Thomas Donohue, president and CEO of the U.S. Chamber of Commerce, told CNBC.

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Financial Markets

Wall Street Bankers Said Likely To Get 2013 Bonus Bump

Bonuses at Wall Street firms will rise 15% this year despite ongoing pressure from investors, regulators and politicians about compensation levels, according to compensation-consulting firm Johnson Associates Inc.

Capsules

Financial Markets

Wall Street Substance Abuse Soars

A wave of drug abuse has rocked Wall Street hard - and it’s pushing record numbers of strung-out bankers, traders and other hotshot financial workers to seek treatment.

John Paulson

Financial Markets

Paulson Says He Has No Plans To Relocate To Puerto Rico

John Paulson, the New York hedge- fund manager said to have considered a move to Puerto Rico, said he won’t set up a permanent residence on the island.

Lloyd Blankfein

Financial Markets

Goldman Can Lead The Way On Compensation ?

Goldman Sachs' announcement that it will now bestow coveted managing director titles upon its rising vice presidents every two years, instead of annually, may have shaken the foundation at its New York headquarters. For the rest of the world, even the rest of Wall Street, nothing much will be different.

Departure

Financial Markets

Wall Street - Resign In Haste, Repent At Leisure

Just bagged your cash bonus and thinking of packing it all in ? Fed up with the Wall Street grind, and anxious to try something new ? Well, you may want to read this.

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Financial Markets

Wall Street 'Deal Toy' Indicator Flashes A Bullish Sign

The business of "deal toys," tiny Lucite trophies of big Wall Street deals, took a huge hit during the recession but now it's starting to roar back.

Warren Buffett

Financial Markets

Buffett's Advice: How To Get 'Fair Shake' On Wall Street

On "Squawk Box," Warren Buffett has some valuable advice for individual investors on the best way to invest in stocks.

Wall Street Sign

Financial Markets

The Threat To Wall Street From Europe's Bonus Cap

Bankers working on Wall Street for European banks could have their bonuses capped under new rules agreed by the European Parliament this week. U.S. banks operating in Europe will also be affected, as their employees in Europe will come under the bonus cap.

Pot Of Gold

Financial Markets

Wall Street's New Normal: Fewer Jobs, But Higher Pay

The Wall Street compensation estimates New York State Comptroller Thomas DiNapoli issued on Tuesday are only the latest evidence in an inexorable move toward fewer jobs in the industry and - here's the surprise - higher average pay.

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