Here’s how Wall Street bosses are hoping to get rid of laggard bankers this year
As Wall Street faces another year of sluggish dealmaking, top brass are hoping another disappointing bonus season will push low ...
Tag: banks
Barclays sued over ex-CEO’s ties to Jeffrey Epstein
Barclays was sued this week by investors in its US-listed securities who said the British bank misled them about former Chief ...
Morgan Stanley CEO Ted Pick is a ‘party animal’: sources
Not only is Morgan Stanley’s new boss known to be potty-mouthed, he also has been branded a “party animal” by ...
Citigroup CEO Jane Fraser scraps five layers of management
Citigroup chief Jane Fraser has unveiled a plan to eliminate five layers of management in what is poised to become ...
Apple Bank ditching old digs for contemporary, 14-story apartment tower in Chelsea
Apple Bank will leave its atmospheric but dated, long-time home at 250 W. 23rd St. for contemporary digs at 278 Eighth ...
David Solomon’s party for ex-Goldman Sachs bankers, Lloyd Blankfein
Stressed about the exodus of top talent at Goldman Sachs? Nothing that a well-mixed martini can’t fix. Goldman Sachs CEO ...
Morgan Stanley’s new AI tool ‘spotty on accuracy’: sources
The generative AI intelligence revolution has begun with a whimper, not a bang at Morgan Stanley. The investment bank rolled ...
Goldman Sachs’ asset-management unit sees slew of high-level exits under hard-charging boss
David Solomon isn’t the only sharp-elbowed boss at Goldman Sachs – and the Wall Street giant’s asset-management division has been ...
Embattled Goldman Sachs CEO David Solomon stages ‘awkward’ dinner parties at his Soho loft
David Solomon is launching a major charm offensive at Goldman Sachs – and it includes dinner at his place. The ...
Goldman Sachs to sell wealth advisory unit to Creative Planning
Goldman Sachs said Monday it has struck a deal to sell an investment advisory business to wealth management firm Creative Planning LLC. The Wall Street ...
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