Drop in Trading Has Goldman Mulling More Cuts
A sharp reduction in trading revenues has sparked a panic inside Goldman Sachs as executives there brace for additional layoffs in the firm’s trading ranks.
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Latest from Julie VerHage
Where to Find the Most Jobs, Best Earnings Potential
The technology and health care industries continue to lead when it comes to both job openings and earnings potential, according to a new survey by Glassdoor.
Wall Street's Battle for Derek Jeter -- and His Wallet
Wall Street is battling for former Yankee’s great Derek Jeter's heart, soul and wallet. He's being courted by two of the biggest firms not only as a brokerage client to manage his enormous net worth, but also to serve as an investment banker to finance his business ventures, FBN has learned.
Deferred Compensation Plan Irks Morgan Stanley Brokers
Morgan Stanley brokers are up in arms about a new compensation plan.
KB Home Drops After Company Warns on Margins
Despite reporting quarterly sales that beat analyst estimates, Los Angeles-based KB Home is taking a beating after the company revealed a gloomy outlook.
Jefferies' Sage Kelly Resigns from Post Amid Scandal
Embattled Jefferies and Co. investment banker Sage Kelly has resigned amid a messy scandal.
Bears on Parade as Oil Continues Plunge
The continuing plunge in oil prices is still the biggest story in the commodities space.
Majority of Americans Not Planning to Hike Holiday Budgets
If you thought lower gas prices were going to fuel holiday spending, think again: 82% of Americans said they're not planning to spend more this shopping season.
Did Jefferies’ Ben Lorello Bail on Interns?
Hot shot Jefferies & Co. investment banker Ben Lorello once said that what is most inspiring about working at the firm is its “culture to rise to every occasion.”
What Morgan Stanley Is and Isn’t Saying About Greg Fleming
Morgan Stanley is denying that its brokerage chief Greg Fleming has been told that he is the firm’s de facto No. 2 and heir apparent to CEO James Gorman.