Category: Wall Street
THE CLUSTERSTOCK 50: The Most Respected People On Wall Street
On Wall Street, there’s only one thing that could be as important as making money, and that’s gaining respect.
If you’re respected on Wall Street, interns find that your comings and goings are a part of their education. First year …
REPORT: Tom Montag’s Unit Will Lose 300 In Bank Of America’s Latest Brutal Round Of Cuts
On Wall Street, everyone knows who Thomas Montag is. He’s the man who handles the corporate, investment bank and trading units at Bank of America — he’s also a Co-Chief Operating Officer.
And, of course, he’s a former Goldman…
RECENT COLLEGE GRAD: Here’s The Real Reason Why Wall Street Is Luring Away The Best Minds Of Our Generation
In a guest column for Dealbook, recent graduate Laura Newland points out that it is not just the appeal of the big paycheck that allows Wall Street to lure away so many recent graduates of top-tier universities, it’s also the recru…
REPORT: Bank Of America Plans To Axe 2,000 Investment Bankers (BAC)
Bank of America could soon announce a fresh round of layoffs, reports the Wall Street Journal’s Dan Fitzpatrick and Dana Cimilluca.
The Charlotte, N.C., company is planning about 2,000 staff cuts in its investment banking, commerci…
You Won’t Believe The Crazy Amount Of Money Lehman’s Top Trader Made Before The Collapse
We all know Lehman Brother’s disgraced chief executive Dick Fuld and other top execs received massive paychecks before the bank’s demise, but how about the other employees?
DealBook’s Peter Lattman, citing new bankruptcy doc…
Meet The Best Dad In America — He Happens To Be A Major Wall Street CEO
Former Merrill Lynch CEO John Thain has been named “Father of the Year,” by The Father’s Day/ Mother’s Day Council.
Thain, who is currently CIT Group’s CEO, will be recognized as “Father of the Year” on June 14th at the Sheraton Ne…
It’s Really Come To This: Lightsquared Board Members Want Phil Falcone Off The Board
This is a slap in the face.
Someone inside Lightsquared’s board room WSJ that a bunch of the company’s board members want Phil Falcone to step out of the limelight and off the board to make way for new execs.
If you haven’t been pa…
Bloomberg Presents The Dietary Habits That Kill Wall Street Traders
This morning Bloomberg aired an adorable segment on what Wall Street traders eat reported by Stephanie Ruhle.
As we here at Business Insider watched, we could only think one thing — if segment is true, you’re all getting gout…
Meet The Wall Streeter Arrested After That Brawl At The New York Athletic Club
Everyone is still talking about the massive brawl that happened earlier this month at the New York Athletic Club resulting in three arrests and two people being sent to the hospital.
The fight, which broke out on April 12th in…
Forget Spreadsheet Guy, Here’s How One Woman Meticulously Ranked Bankers As Dates
There were a lot of mixed feelings in the office when we heard the story about the banker who organized his online dating prospects on a spreadsheet.
But then we remembered that back in the day, there was a story about a woman who …
