The Wall Street Job Report http://wallstreetjobreport.com News, Commentary, Career, and Lifestyle for The Financial Services Professional Fri, 17 May 2013 18:37:29 +0000 en-US hourly 1 http://wordpress.org/?v=3.5.1 Bloomberg Appoints Privacy Czar And An Ombudsman To Quell Clients’ Concerns http://wallstreetjobreport.com/bloomberg-appoints-privacy-czar-and-an-ombudsman-to-quell-clients-concerns/ http://wallstreetjobreport.com/bloomberg-appoints-privacy-czar-and-an-ombudsman-to-quell-clients-concerns/#comments Fri, 17 May 2013 18:37:29 +0000 Wall Street Job Report http://wallstreetjobreport.com/?p=18870 Who watches the watchers? It’s the question that comes up every time a powerful media company gets caught with its nose where it doesn’t belong. For Bloomberg LP, that happened last week when it was revealed that some of the company’s journalists made a (…)

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]]> http://wallstreetjobreport.com/bloomberg-appoints-privacy-czar-and-an-ombudsman-to-quell-clients-concerns/feed/ 0 Wall Street bonuses, staff levels to rise in 2013: consultant http://wallstreetjobreport.com/wall-street-bonuses-staff-levels-to-rise-in-2013-consultant/ http://wallstreetjobreport.com/wall-street-bonuses-staff-levels-to-rise-in-2013-consultant/#comments Fri, 17 May 2013 18:27:38 +0000 Wall Street Job Report http://wallstreetjobreport.com/?p=18868 Wall Street bonuses and staff levels are expected to rise this year as trading and dealmaking activity pick up, according to a closely watched report released on Friday by a compensation consulting firm. Johnson Associates Inc predicts that senior bank (…)

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]]> http://wallstreetjobreport.com/wall-street-bonuses-staff-levels-to-rise-in-2013-consultant/feed/ 0 Models, Beauty Queens And Pro-Athletes Have Taken Over BTIG’s Trading Floors http://wallstreetjobreport.com/models-beauty-queens-and-pro-athletes-have-taken-over-btigs-trading-floors/ http://wallstreetjobreport.com/models-beauty-queens-and-pro-athletes-have-taken-over-btigs-trading-floors/#comments Fri, 17 May 2013 18:22:04 +0000 Wall Street Job Report http://wallstreetjobreport.com/?p=18867 Models, actors, beauty queens and pro-athletes are taking over the trading floors of BTIG‘s offices world-wide today. That’s because the brokerage firm is hosting it’s 11th annual “Commissions for Charity Day.” During this event, BTIG traders and stars answer client calls (…)

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]]> http://wallstreetjobreport.com/models-beauty-queens-and-pro-athletes-have-taken-over-btigs-trading-floors/feed/ 0 Aiming for the Top, Again http://wallstreetjobreport.com/aiming-for-the-top-again/ http://wallstreetjobreport.com/aiming-for-the-top-again/#comments Fri, 17 May 2013 15:45:44 +0000 Wall Street Job Report http://wallstreetjobreport.com/?p=18865 On Wall Street, the wheel of fortune can spin around and around, from enormous cash bonuses and luxurious perks one year to the unemployment line the next. Then there is Fred Eckert, a onetime Goldman Sachs partner who soared as (…)

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]]> http://wallstreetjobreport.com/aiming-for-the-top-again/feed/ 0 Pandit Rejoins Banking With Stake in Indian Financial Firm http://wallstreetjobreport.com/pandit-rejoins-banking-with-stake-in-indian-financial-firm/ http://wallstreetjobreport.com/pandit-rejoins-banking-with-stake-in-indian-financial-firm/#comments Fri, 17 May 2013 14:25:13 +0000 Wall Street Job Report http://wallstreetjobreport.com/?p=18863 Vikram Pandit is getting back into banking. Mr. Pandit, the former Citigroup chief executive, and his business partner Hari Aiyar have bought a 3 percent stake in the Indian financial services firm JM Financial. Under the terms of the deal, Mr. Pandit, 56, (…)

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]]> http://wallstreetjobreport.com/pandit-rejoins-banking-with-stake-in-indian-financial-firm/feed/ 0 J.P. Morgan’s doubtful Dimon defense http://wallstreetjobreport.com/j-p-morgans-doubtful-dimon-defense/ http://wallstreetjobreport.com/j-p-morgans-doubtful-dimon-defense/#comments Fri, 17 May 2013 14:16:16 +0000 Wall Street Job Report http://wallstreetjobreport.com/?p=18862 Sometimes it’s just better to not hit the send button. We’ve all done it, of course, and regretted it. J.P. Morgan presiding director Lee Raymond and governance committee chair William Weldon should have paused on Friday before sending a letter (…)

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]]> http://wallstreetjobreport.com/j-p-morgans-doubtful-dimon-defense/feed/ 0 US regulators press forward with rule that could force foreign banks to flee http://wallstreetjobreport.com/us-regulators-press-forward-with-rule-that-could-force-foreign-banks-to-flee/ http://wallstreetjobreport.com/us-regulators-press-forward-with-rule-that-could-force-foreign-banks-to-flee/#comments Fri, 17 May 2013 14:13:32 +0000 Wall Street Job Report http://wallstreetjobreport.com/?p=18861 Foreign banks are giving US regulators flak for setting rules about how they operate on domestic soil. Michael S. Gibson, director of the division of banking supervision and regulation at the Federal Reserve, is helping fan the flames. In a speech (…)

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]]> http://wallstreetjobreport.com/us-regulators-press-forward-with-rule-that-could-force-foreign-banks-to-flee/feed/ 0 Argentina mulls opening its banks to money launderers http://wallstreetjobreport.com/argentina-mulls-opening-its-banks-to-money-launderers/ http://wallstreetjobreport.com/argentina-mulls-opening-its-banks-to-money-launderers/#comments Fri, 17 May 2013 13:42:37 +0000 Wall Street Job Report http://wallstreetjobreport.com/?p=18859 Have some dirty money you need to launder? You may want to consider Argentina as an option. Lawmakers there are considering a measure that would give amnesty to anyone who wants to pull undeclared cash out of tax havens and (…)

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]]> http://wallstreetjobreport.com/argentina-mulls-opening-its-banks-to-money-launderers/feed/ 0 Royal Bank Of Scotland Will Lay Off 1,400 People Over Next 2 Years In Restructuring Of UK Head Offices http://wallstreetjobreport.com/royal-bank-of-scotland-will-lay-off-1400-people-over-next-2-years-in-restructuring-of-uk-head-offices/ http://wallstreetjobreport.com/royal-bank-of-scotland-will-lay-off-1400-people-over-next-2-years-in-restructuring-of-uk-head-offices/#comments Fri, 17 May 2013 13:28:47 +0000 Wall Street Job Report http://wallstreetjobreport.com/?p=18857 Royal Bank of Scotland Group PLC (LON:RBS) announced Thursday it will cut 1,400 jobs over the next two years as the bank continues to reduce its operations in efforts to boost its profitability. “This is clearly difficult news for our (…)

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]]> http://wallstreetjobreport.com/royal-bank-of-scotland-will-lay-off-1400-people-over-next-2-years-in-restructuring-of-uk-head-offices/feed/ 0 This is how much a Bloomberg terminal costs http://wallstreetjobreport.com/this-is-how-much-a-bloomberg-terminal-costs/ http://wallstreetjobreport.com/this-is-how-much-a-bloomberg-terminal-costs/#comments Thu, 16 May 2013 18:46:51 +0000 Wall Street Job Report http://wallstreetjobreport.com/?p=18854 Bloomberg is now charging $24,000 a year for a single terminal subscription. The closely held company doesn’t publicize its prices, which are the most expensive among financial data providers. But we’ve got our hands on what Bloomberg has charged going back to (…)

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]]> http://wallstreetjobreport.com/this-is-how-much-a-bloomberg-terminal-costs/feed/ 0 Former Bear Stearns CEO Jimmy Cayne Says Jamie Dimon Critics Are Just ‘Jealous’ http://wallstreetjobreport.com/former-bear-stearns-ceo-jimmy-cayne-says-jamie-dimon-critics-are-just-jealous/ http://wallstreetjobreport.com/former-bear-stearns-ceo-jimmy-cayne-says-jamie-dimon-critics-are-just-jealous/#comments Thu, 16 May 2013 18:45:53 +0000 Wall Street Job Report http://wallstreetjobreport.com/?p=18853 Bloomberg‘s Max Abelson and Nick Summers have a Businessweek cover story ”DIMON IS FOREVER. Why Jamie Dimon Is Wall Street’s Indispensable Man” ahead of the big vote over whether or not to separate the roles of CEO and chairman. For the story, Bloomberg (…)

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]]> http://wallstreetjobreport.com/former-bear-stearns-ceo-jimmy-cayne-says-jamie-dimon-critics-are-just-jealous/feed/ 0 Citi Bans Traders From Using Bloomberg Terminal Chat Groups http://wallstreetjobreport.com/citi-bans-traders-from-using-bloomberg-terminal-chat-groups/ http://wallstreetjobreport.com/citi-bans-traders-from-using-bloomberg-terminal-chat-groups/#comments Thu, 16 May 2013 17:24:58 +0000 Wall Street Job Report http://wallstreetjobreport.com/?p=18851 Citigroup is banning traders in its foreign exchange division from accessing internal chat groups on their Bloomberg terminals, in the latest sign of concern by banks over online security issues. The U.S. bank will move its traders, many of whom are based in (…)

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]]> http://wallstreetjobreport.com/citi-bans-traders-from-using-bloomberg-terminal-chat-groups/feed/ 0 SocGen’s Russia unit CEO faces seven years on bribery allegations http://wallstreetjobreport.com/socgens-russia-unit-ceo-faces-seven-years-on-bribery-allegations/ http://wallstreetjobreport.com/socgens-russia-unit-ceo-faces-seven-years-on-bribery-allegations/#comments Thu, 16 May 2013 16:41:35 +0000 Wall Street Job Report http://wallstreetjobreport.com/?p=18849 The head of Societe Generale’s (SOGN.PA) Russian unit Rosbank faced up to seven years in jail for bribery on Thursday after Russian investigators released a film of him with cash piled on his desk in what several bankers said may (…)

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]]> http://wallstreetjobreport.com/socgens-russia-unit-ceo-faces-seven-years-on-bribery-allegations/feed/ 0 Big Banks Get Break in Rules to Limit Risks http://wallstreetjobreport.com/big-banks-get-break-in-rules-to-limit-risks/ http://wallstreetjobreport.com/big-banks-get-break-in-rules-to-limit-risks/#comments Thu, 16 May 2013 16:18:43 +0000 Wall Street Job Report http://wallstreetjobreport.com/?p=18847 Under pressure from Wall Street lobbyists, federal regulators have agreed to soften a rule intended to rein in the banking industry’s domination of a risky market. The changes to the rule, which will be announced on Thursday, could effectively empower (…)

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]]> http://wallstreetjobreport.com/big-banks-get-break-in-rules-to-limit-risks/feed/ 0 Is BNY Mellon’s Custody Banking Growth Slowing? http://wallstreetjobreport.com/is-bny-mellons-custody-banking-growth-slowing/ http://wallstreetjobreport.com/is-bny-mellons-custody-banking-growth-slowing/#comments Thu, 16 May 2013 16:13:36 +0000 Wall Street Job Report http://wallstreetjobreport.com/?p=18846 Bank of New York Mellon may be the leader in the global custody banking industry by a good margin, but when it comes to growth in the size of its assets under custody, things haven’t really looked too good in the (…)

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