Investment banks have been told that every bonus issued must comply with the regulatory guidelines, or they face having their licenses to operate in Great Britain revoked.
investment banksBanks told to comply on bonuses or lose UK banking licencesDigg - Business & Finance Fri, 02/05/2010 - 10:31
Investment banks have been told that every bonus issued must comply with the regulatory guidelines, or they face having their licenses to operate in Great Britain revoked. Buyout Firms Profited as a Company’s Debt SoaredNYT > Business Mon, 10/05/2009 - 00:09
Private equity firms, former executives and Wall Street investment banks profited as the Simmons Bedding Company fell into bankruptcy, devastating its bondholders and employees. NYT: Wall Street tries bundling life insuranceMSNBC.com: Business Sun, 09/06/2009 - 02:52
After the mortgage business imploded last year, investment banks began searching for another big idea to make money. They think they may have found one: bundling life insurance policies. DealBook: Cuomo Report Details Wall St. BonusesNYT > Business Thu, 07/30/2009 - 11:18
Andrew Cuomo, New York’s attorney general, denounced Wall Street’s compensation system in a report that outlined his office’s investigation into pay practices at investment banks. Newsweek: Why the recession is (probably) overMSNBC.com: Business Tue, 07/14/2009 - 15:58
Two of the best and most objective forecasters, who are not connected to investment banks or to the CNBC noise machine, have recently called the upturn. Laid-off cubicle dwellers pursue trucking jobsMSNBC.com: Business Tue, 07/14/2009 - 05:35
Muni bond regulator seeks disclosure by banksNewsvine - business Sun, 06/21/2009 - 23:01
Investment banks would be required to disclose contributions they make to municipal bond ballot drives under a proposal to be announced Monday by an industry regulator. The Trillion Dollar Meltdown: Easy Money, High Rollers, and the Great Credit CrashCharles R. Morris This is a great book for those of you like me who are not in the financial services industry but who want to understand why our economy is melting down as we speak. It will also help you understand why this upcoming election is so important: The author...Tags:
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