Posts Tagged “wall street”

RBC to Shut Caribbean Wealth-Management Business, Cut Jobs

by Wall Street Job Report on November 25, 2014

Royal Bank of Canada is exiting wealth management in the Caribbean and reviewing its Swiss operations as the lender extends a retreat in its international wealth business that began last year inLatin America. Royal Bank, Canada’s second-largest lender by assets, is also closing some (…)

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It’s like Wall Street, but on Oculus Rift

by Wall Street Job Report on November 24, 2014

Financial planning often involves lots of spreadsheets, pie charts and eyes glazing over. Fidelity Investments aims to change that equation with an experiment in 3D technology designed to make money management seem more like a mesmerizing video game than mundane (…)

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Congress should end revolving door between Fed bank examiners and Wall Street

by Wall Street Job Report on November 24, 2014

The best way to end the excessively close relationship between Federal Reserve bank examiners and big banks would be to prohibit regulators from working on Wall Street for three years after they leave the Fed, a leading expert of the (…)

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Why I quit JPMorgan to start a jetpack business

by Wall Street Job Report on November 24, 2014

In 2011, Dean O’Malley walked away from a high-paying job with no plans for the future, other than to escape the world of finance. His IT job at JPMorgan Chase (JPM) had survived the financial crisis, but he had no desire to stick (…)

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European Banks And The Global Banking Glut

by Wall Street Job Report on October 24, 2014

In a lecture presented at the 2011 IMF Annual Research Conference, Hyun Song Shin of Princeton University argued that the driver of the 2007-8 financial crisis was not a global saving glut so much as a global banking glut. He highlighted the (…)

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