Fed Proposes Tougher “Capital Surcharge” for Lower Risk to Big Banks

Fed Proposes Tougher “Capital Surcharge” for Lower Risk to Big Banks

By Anna Domanska - Sep 10, 2014

The Federal Reserve plans to hit the biggest U.S. banks with a tougher version of capital surcharge than that agreed by international regulators, so they remain less of a “too bi

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Goldman Sachs Settles $3.15 Billion FHFA Lawsuit

Goldman Sachs Settles $3.15 Billion FHFA Lawsuit

By Carrie Ann - Aug 23, 2014

Goldman Sachs said on Friday that it has agreed to pay $3.15 billion, its largest bill yet to resolve a government lawsuit related to the financial crisis. The settlement is said

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Wall Street Millennial Bankers Wages to Rise Again: Sources

Wall Street Millennial Bankers Wages to Rise Again: Sources

By Carrie Ann - Aug 21, 2014

Wall Street banks are currently under pressure to improve working conditions of a new generation of bankers to fight defection and are thus raising salaries and limiting working. B

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Retail Brokerage Venture Leads Morgan Stanley to Consider Job Cuts

Retail Brokerage Venture Leads Morgan Stanley to Consider Job Cuts

By Carrie Ann - Aug 09, 2012

Morgan Stanley has been faced with a tremendous amount of pressure recently to show an increase in the profit margins of its retail brokerage sector. It has decided to adopt variou

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Dropping Deutsche Bank Q1 Profit after Crisis Reduces Trading

Dropping Deutsche Bank Q1 Profit after Crisis Reduces Trading

By Dhwani Shah - Apr 26, 2012

Deutsche Bank AG reported a fall in its first-quarter net profit by one-third from a record level a year earlier. Deutsche Bank blames this on the sluggish client activity, which h

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Citigroup’s Q1 Profits Recoiled to $2.9 Billion

Citigroup’s Q1 Profits Recoiled to $2.9 Billion

By Dhwani Shah - Apr 17, 2012

Citigroup made profits of $2.9 billion in the first three months of the year. Citigroup said that it had been helped by record revenue from processing transactions for its internat

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LinkedIn’s Debut at $45/Share Sets Stage for other Social Media IPOs

LinkedIn’s Debut at $45/Share Sets Stage for other Social Media IPOs

By Jay Raol - May 19, 2011

The California-based professional social networking website, LinkedIn, co-founded by Reid Hoffman and run by chief executive Jeff Weiner, is all set to make a market debut with its

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Hedge-Fund Guru Raj Rajaratnam convicted for Fraud and Conspiracy

Hedge-Fund Guru Raj Rajaratnam convicted for Fraud and Conspiracy

By Vrushti Mawani - May 12, 2011

In a historic win against corrupt investment practices, billionaire investor and Galleon Group founder, Raj Rajaratnam, was found guilty on 14 insider-trading and conspiracy charge

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AT&T’s $39bn deal with T-Mobile: Morgan Stanley Smiling All The Way

AT&T’s $39bn deal with T-Mobile: Morgan Stanley Smiling All The Way

By Jay Raol - Mar 22, 2011

AT&T’s $39 billion blockbuster takeover of T-Mobile marks the biggest global telecom deal since AT&T’s $89.4 billion buy of BellSouth in 2006. The latest among a s

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