Analysts at Goldman May Have the Perfect Entry-Level Job

by Wall Street Job Report on August 21, 2014

The Goldman Sachs headquarters in New YorkEntry-level finance workers at Goldman Sachs (GS) are about to start making even more money than they did before. New leisure policies at Goldman mean those salaries accompany a more forgiving work schedule. With junior employees making more money without having to sacrifice their personal life, there’s little left to curb your banker envy.

Goldman Sachs junior bankers will get a 20 percent salary increase next year, according to Bloomberg NewsBloomberg Businessweek reported yesterday that policies such as Saturdays off at … Read More »

Big BofA fine is government extortion: Kovacevich

by Wall Street Job Report on August 21, 2014

The $16.65 billion settlement by Bank of America over financial crisis-era mortgage securities highlights a pattern of the government extorting the banks, said Dick Kovacevich, former Wells Fargo chairman and CEO.

“It’s definitely politics. It has nothing to do with justice or restitution to the innocent victims. In fact, more of the money is going … Read More »

Banks push up pay to hire brightest and best

by Wall Street Job Report on August 21, 2014

A new generation of Wall Street bankers is about to get a raise, as firms open wallets to head off defections to investment funds and Silicon Valley.

Bank of America Corp. plans to boost salaries by at least 20 percent next year for junior staff in trading and investment banking globally, while … Read More »

Big Deals, Not Such Rich Fees for Bankers

by Wall Street Job Report on August 20, 2014

In the world of mergers, big is good, but more would be much better.

Elephantine transactions like Comcast’s $45 billion acquisition of Time Warner Cable and Read More »

Goldman Sachs abandons Libya lawsuit bid

by Wall Street Job Report on August 20, 2014

Goldman Sachs Group Inc. (GS) abandoned its bid to get a U.K. court to throw out a $1 billion lawsuit by the Libyan Investment Authority that alleged the New York-based bank made about $350 million selling it investments that turned out to be worthless.

Goldman Sachs had asked a London judge in … Read More »


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