The biggest news stories of the week include: Two Giants Emerge From Wall Street Ruins (New York Times)Crackdown on City pay ignites fears of exodus by star bankers (Times) Goldman Sachs' bonus machine risk a poltical backlash (Telegraph)Why the bonus culture needs to be defended (Financial Times)ECB paves way for easier securities trades (Financial Times)…
Things we're reading today include … US Banks Q2 Results Citigroup and Bank of America deliver surprise profits (Guardian)One-time gain bolsters Citigroup (BBC)Citi reports Q2 net income of $4.3bn, EPS $0.49 (Financial Times)Bank of America Earns $3.2 Billion in Second Quarter (Bank of America)Street Gains On JPMorgan Earnings, Economy (Forbes)Two Giants Emerge From Wall Street…
Things we're reading today include … US Banks Q2 Results Citigroup and Bank of America deliver surprise profits (Guardian)One-time gain bolsters Citigroup (BBC)Citi reports Q2 net income of $4.3bn, EPS $0.49 (Financial Times)Bank of America Earns $3.2 Billion in Second Quarter (Bank of America)Street Gains On JPMorgan Earnings, Economy (Forbes)Two Giants Emerge From Wall Street…
Things we're reading today include … ** Today's must read:Sir David Walker released his report and recommendations on corporate governance yesterday, including transparency of banker's remuneration and the "Sir Fred rule" to ensure an arrogant CEO will not bust a bank again.Sir David Walker's 39 steps (Telegraph) Walker's main recommendations (Telegraph) Bankers' pay and bonuses…
Things we're reading today include … ** Today's must read:Sir David Walker released his report and recommendations on corporate governance yesterday, including transparency of banker's remuneration and the "Sir Fred rule" to ensure an arrogant CEO will not bust a bank again.Sir David Walker's 39 steps (Telegraph) Walker's main recommendations (Telegraph) Bankers' pay and bonuses…
Things we're reading today include … Today's must read Goldman Sachs' bonus machine risk a poltical backlash (Telegraph) "It would be easy for Goldman Sachs employees to forget there’s a financial crisis still going on. The Wall Street firm posted stunning second-quarter earnings and set aside a record amount of treasure to pay staff. But…
Things we're reading today include … Today's must read Goldman Sachs' bonus machine risk a poltical backlash (Telegraph) "It would be easy for Goldman Sachs employees to forget there’s a financial crisis still going on. The Wall Street firm posted stunning second-quarter earnings and set aside a record amount of treasure to pay staff. But…
Things we're reading today include … Today's must read Goldman Sachs' bonus machine risk a poltical backlash (Telegraph) "It would be easy for Goldman Sachs employees to forget there’s a financial crisis still going on. The Wall Street firm posted stunning second-quarter earnings and set aside a record amount of treasure to pay staff. But…
Things we're reading today include … Today's must read Goldman Sachs' bonus machine risk a poltical backlash (Telegraph) "It would be easy for Goldman Sachs employees to forget there’s a financial crisis still going on. The Wall Street firm posted stunning second-quarter earnings and set aside a record amount of treasure to pay staff. But…
Things we're reading today include … Today's must read:Did Twitter bury "Bruno"? (econsultancy) "While critical reviews, cast quality and trailer anticipation normally have the most influence leading into opening weekend, it takes a few days or weeks before audience opinion normally sets in. But according to Time, word got around pretty fast this weekend: 'Bruno's…
