Posts Tagged “wall street”

Goldman Sachs Profit Rose 5% in Second Quarter

by Wall Street Job Report on July 25, 2014

As a result of the financial crisis, a familiar narrative emerged for Goldman Sachs: Declines in trading, once the firm’s cash cow, weighed heavily on profits. But that narrative picked up a fresh thread on Tuesday when the bank reported (…)

Read the rest of this entry »

ICAP CEO Says Some Brokerage-Market Parts Show ‘Drought’

by Wall Street Job Report on July 25, 2014

ICAP Plc (IAP) Chief Executive Officer Michael Spencer said parts of the brokerage market will continue to grapple with the worst “drought” in at least 30 years. “We’re moving into a world where the level of volumes are pretty dire and are likely (…)

Read the rest of this entry »

European Bank Cuts Costs Not Jobs

by Wall Street Job Report on July 25, 2014

Germany’s Deutsche Bank AG is planning more cost cuts of up to 2.5 billion euros ($3.4 billion) as it tries to boost its competitiveness, German newspaper Handelsblatt reported. The bank plans to slash costs by 6 billion to 7 billion (…)

Read the rest of this entry »

Herbalife shares rise as Ackman attack fizzles

by Wall Street Job Report on July 23, 2014

Bill Ackman promised a bombshell, but the activist investor’s latest attack against Herbalife landed with a thud on Wall Street. Shares of the Los Angeles nutritional products company jumped 25% on Tuesday after the longtime Herbalife critic unveiled what he (…)

Read the rest of this entry »

Citigroup Has $280 Million in Loans at Two China Ports

by Wall Street Job Report on July 21, 2014

Citigroup Inc. (C) Chief Financial Officer John Gerspach said the bank has about $280 million in loans tied to commodities at two ports in China, the nation where authorities are investigating whether stockpiled metals fall short of collateral obligations. Citigroup made the loans (…)

Read the rest of this entry »



Web Design by Dashing Web Design