The government is looking to curb them as soon as possible, while banks want to pay the performers who bring in the profits, but is it morally wrong to pay big bonuses so soon after being bailed out f ...
7 commenti
After more than a year of hollowing out, at least some financial employers appear interested in refilling long-empty seats. Yet many observers report those intrepid firms are much more interes ...
3 commenti
With both trading profit and underwriting business rebounding in many markets, the newspapers are rife with stories about the return of boom-era paydays. Goldman allocated $11.36 billion for compen ...
1 commento
The broad dimensions of the Obama administration's regulatory overhaul set for release this week have been sketched out in media reports. According to The Wall Street Journal, the administration w ...
2 commenti
Are the US government's much-ballyhooed bank stress test results improving transparency, risk management, and therefore building confidence in the ultimate solvency of the system's largest institution ...
6 commenti
If there’s a French trader in your vicinity, he or she is probably looking a little down in la bouche. In a TV appearance last week, President Sarkozy accused equated traders at French banks wit ...
7 commenti
Would the world be better off if most financiers weren't such alpha types? Do we really need our bankers to be among the smartest, best-educated people around? Or, would society as a whole make out ...
10 commenti
They used to be well down the totem pole. But today they rule the roost as never before. Might your career benefit from rubbing shoulders with them for a year or three? We're talking about regulato ...
2 commenti
The bosses of Ford and General Motors have offered to work for salaries of $1 a year if Congress approves the $27bn aid package they’re asking for. It’s difficult not to draw a compari ...
6 commenti
Would you be a banker if most of your pay was at risk for three to five years rather than a maximum of one year? UBS just decided to make itself the test case for overhauling incentive pay. Its ne ...
5 commenti
US banks aren't exactly known for a glasnost-style approach to employees who talk openly to the press. But when it comes to blogging they err even more on the side of despotism than usual. Back in ...
5 commenti
Il Core Tier 1 ratio, la misura fondamentale della solidità di una banca, sta diventando nelle ultime settimane l’incubo delle banche italiane. Solo Unicredit, che ha chiesto e ottenuto una ricapitali ...
8 commenti
What’s worse for your career (and your ego) – being thrown on the redundancy scrapheap, or having your salary slashed by a quarter? That was the dilemma faced by CLSA staff who were told to ta ...
6 commenti
Touted as possible sanctuaries from the problems crippling the Western financial system, do the Middle East or Asia really offer ample job opportunities or even any shelter from redundancies? ...
5 commenti
Now that it's that time of year again when you used to salivate about getting paid… is your biggest year-end purchase going to be a tighter belt? Whether on Wall Street or the City, government honc ...
4 commenti
When a government has to step in to nationalise one ailing bank, it’s big news. When a government steps in to nationalise two ailing banks, it’s even bigger news. But when a government tries to splash ...
10 commenti
Non come nella commedia teatrale di Oscar Wilde dove il problema era quello della mancanza di franchezza di coloro che a tutti i costi volevano farsi passare per Ernesto, sembra invece che il vero pro ...
7 commenti
Dick Fuld may be widely seen as an ogre guilty of hubris and ineptitude, but some people are coming out on his side. The argument in favour of Fuld goes a little like this….There was no need f ...
7 commenti
Think that American investment banking is just one big bloodbath of job cuts, hiring freezes and plummeting bonuses? Barclays begs to disagree. Barclays Capital, the British firm’s i-banking a ...
6 commenti
Sappiamo tutti che la crisi che ormai attanaglia i mercati internazionali non è passeggera, che non è stata superata e che gli ottimisti cercano di trovare dati incoraggianti un po’ ovunque per scongi ...
9 commenti