Wall Street Banks Prep Pay Bonanza

Large pay packages may be back already at Wall road firms this year, according to a report Thursday.

Eastday-Wall Street tumbles after jobs losses top estimate

Wall road took a dive on Thursday, after the U.S. government reported that the June unemployment rate hit a 26-year high.

Wall Street plunges on weak job numbers

NEW YORK: Wall road fell difficult Thursday after a government report highlighted a weak labour market that could hinder prospects for recovery from the brutal recession. The Dow Jones Industrial Average plunged 223.32 points (2.63 per cent) to end the holiday-shortened week at 8,280.74 after trading was extended by 15 minutes to cope with what the New York Stock Exchange called "system ...

Paper: Wall Street firms boosting salaries

Happy days are indeed here again on Wall road, as the big banking names boost their employees' salaries to pre-accident levels, according to The Wall road Journal. Case in point: Goldman Sachs Group Inc., which the Journal writes is "on track to pay out as much as $20 billion this year, or about $700,000 per employee" — nearly double last year's average and even more than the 2007 average. The ...

Are Big Payouts Set for Revival on Wall Street?

Are big paychecks set to make a comeback on Wall road?

LDK Solar outlook falls below Wall Street view

LDK Solar Co., which makes wafers used in solar cells, said Thursday its second-quarter wafer shipments will top an earlier forecast, but sales will arrive in below Wall road's expectations.

Wall Street slumps on weak job figures

Wall road fell difficult on Thursday after a government report highlighted a weak labour market that could hinder prospects for recovery from the brutal recession.

Wall Street slumps on weak job figures

Wall road fell difficult after US unemployment figures fell to 9.5 per cent.

Inside Wall Street

The business of managing wealth has lost a lot of its pizzazz, and Wall road is no longer upbeat on the sector. The market's decline since 2007 has driven big money out. But dyed-in-the-wool value players remain high on the group. A top pick: Alliance...

Wall Street headhunter becomes a hand-holder

Laid-off executives, investment bankers and hedge-fund wizards look to her for golden jobs. She used to be flush with multimillion-dollar offers. Now she doles out sympathy. Jeanne Eslinger Branthover leans in and listens intently as a laid-off Wall road executive describes how she's coping in a miserable job market.


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