bankers

The banking world works in a lot of ways like a sports league. You can be a star, but that barely matters if your team is in last place. But if you're lucky enough to be a premiere bankers, you could always go elsewhere if your team's fortunes faded. That fluidity in finance world may, however, be fading.

Americans have special relationships with their money and their banks. Putting money into a bank account is an act of trust, and it's difficult to think of a checking or savings account as a business transaction because the money is still yours -- the bank is just holding it for you and keeping it...

Pay on Wall Street is on pace to break a record high for a second consecutive year, growing an average of 4% in 2010 at the 35 top financial institutions and rising faster than revenues.

Goldman Sachs earnings fell sharply in the second quarter, hurt by its $550 million settlement with the Securities and Exchange Commission and a U.K. payroll tax. But on an adjusted basis, the investment bank's profits easily topped expectations.

Although the President claimed in his State of the Union address that the worst of the economic storm has passed us by, he apparently didn't consult with bankers who answered the January survey of senior loan officers conducted by the Federal Reserve. Had Mr. Obama done so, he'd have found out...

While America's biggest banks may still be kicking and screaming about their need to make compensation decisions without interference, the bailouts they took from the government could impact their freedom to hand out excessive cash compensation for years to come. Even the hiring of a CEO for Bank...

It would appear that France and Britain are on the same page when it comes to bankers' bonuses. Their leaders certainly are -- literally. French President Nicolas Sarkozy and British Prime Minister Gordon Brown co-wrote an opinion piece in Thursday's Wall Street Journal calling for governments...

Politicians, lawyers and insurance salesmen now have some company in America's doghouse: A new survey finds that Wall Street bankers are among the country's least favorite people. This suggests that while financial firms may have begun to mend their bottom lines, they're a long way from...

Goldman Sachs Group (GS) is at the focal point of the American public's rage against Wall Street -- and probably for good reason. The firm's former chief executives have populated the highest echelons of American government, which has turned around and given Goldman -- and its partner in the...

I have to hand it to Federal Deposit Insurance Corp. Chairwoman Sheila Bair: The former University of Massachusetts economics professor gets it right on key policy issues. She's right about ending the doctrine of too-big-to-fail, and now she's proposing an idea that I've been pushing with no effect...