London Therapist for Disheartened Bankers Tells Their Tales of Woe
A life coach to the bankers of London describes the embarrassment and misery many of her clients feel in their jobs post-financial crisis. But don't bash them, she warns.
bankers
Hackers Post Private Data From More Than 4,000 Bank Execs
Hackers affiliated with Anonymous seem to have published information from more than 4,000 American bank executive accounts on a government website last night. The alleged hack is part of its new "Operation Last Resort" campaign, protesting the prosecution of hacktivist Aaron Swartz.
For Top Bankers, the Era of Easy Job Hopping Is Ending
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.
Wall Street Compensation to Hit New High
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 Tumble on SEC Settlement
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.
