Saturday, May 19th, 2012

Archives

For Dewey & LeBoeuf partners and associates, the loss of a job is probably the least of their concerns.  As we’ve seen, teams of attorneys, anchored by key partners, have quickly…

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Credit Suisse Group AG told New York state regulators it will eliminate 126 jobs in Manhattan over the coming months.  The dismissals affect offices at 1 Madison Ave. and 11 Madison Ave. and…

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And the Winner, Once Again, is … Edward Jones. J.D. Power and Associates 2012 U.S. Full Service Investor Satisfaction Study finds that investor satisfaction has nearly stabilized at pre-recession levels, but…

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JPMorgan Chase – the largest and most profitable bank in the world – brought its annual shareholders meeting to town, along with its three ring circus…

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Yahoo Inc. is coming under increasing fire for hiring Scott Thompson as its CEO, following the revelation that his resume was inaccurate.  Thompson, the successful CIO and President of PayPal was brought in…

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Goldman Sachs has been working on its new electronic trading platform, GSessions, for the past year, and now is planning to launch the system this month.  While the firm has publicly public announced…

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Goldman Sachs is making fast work of compliance with the Volcker Rule, aimed at reducing the riskiness of the country’s big banks.  Toward that end, it has sold $250 million worth of…

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Dewey & LeBoeuf continues to lose its troops in one of the New York law firm’s largest one-day defections earlier this week.  Twenty-seven partners left on Wednesday, including 2 firm leaders who were…

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FINRA issued on Friday, 5/11, its annual notice for the Upcoming FINRA Board of Governors Elections.  Controversy overhangs this year’s election of a Governor to represent Small FINRA Member Firms, which is scheduled to take…

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What do hedge funds have that Wall Street doesn’t?  For starters, they don’t have the Dodd-Frank Reform Act’s Volcker Rule, limiting traders’ income – and job-worth.

Mass Exodus. Wall Street’s biggest banks are…

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