Financial Markets
1 month ago
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.
Financial Markets
2 months ago
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.
Financial Markets
2 months ago
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.
Financial Markets
2 months ago
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.
Financial Markets
2 months ago
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.
Financial Markets
2 months ago
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.
Financial Markets
2 months ago
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.
Financial Markets
2 months ago
On "Squawk Box," Warren Buffett has some valuable advice for individual investors on the best way to invest in stocks.
Financial Markets
2 months ago
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.
Financial Markets
3 months ago
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.