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GLG Recruits Goldman Partner for Emerging Markets
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A pair of moves has London's second largest hedge fund replacing a top manager and Goldman Sachs losing another trader to run his own fund....
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07/08/2008
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Will you be fired if you go on holiday?
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Paranoia is rife in the wake of mass redundancies at investment banks and now it seems a lot of bankers think a trip to the Canary...
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07/08/2008
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Severance Fears at Countrywide
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Employees of Countrywide Financial may soon be on the receiving end of "take-it-or-leave-it" discussions on new roles as Bank of America begins to absorb the troubled...
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07/07/2008
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Lehman to Pay Stock Bonuses Mid-Year
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Lehman Brothers will award mid-year stock bonuses to its 26,000 employees. The Wall Street Journal describes the award as "essentially a down payment for 2008 compensation."...
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07/03/2008
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Does Bulk of Layoffs Lie Ahead?
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Wall Street's job cuts to date have only scratched the surface of what would be needed to match historical benchmarks, such as revenue per employee. According...
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07/02/2008
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eFC Briefing: Joining the Corporate Fold
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Corporate development roles draw some dealmakers from Wall Street. Citi's Pandit overhauling bonus structure to boost cooperation among divisions.
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With strategic acquisitions a relative bright...
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07/02/2008
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