Tag: Banks
You Nongs Are Gonna Help Jim Gorman Pay This WhatsApp Docket,...
As those of his underlings who thought they could continue to clock in from the verandah or ski lodge know of him,...
Deutsche Bank, Which Revamped Its Compliance Department 18 Months Ago, Is...
Just over a year-and-a-half ago, Deutsche Bank had a startling revelation: Perhaps, just possibly, the firm’s almost unfathomably awful decade, riddled as...
And Then There Were Three…
White dudes vying for the top job at Morgan Stanley, that is, now that the fourth white dude retired.
The post And Then There Were...
Wells Fargo Breaks Record
Wells Fargo is not done paying through the nose for being Wells Fargo. This is obvious to everyone. As long as it...
Hedge Funds Decline To Continue To Delight In Citi’s Stupidity
Well, it was fun while it lasted: For two years, a group of hedge funds had a half-billion extra dollars to play...
Bonus Watch ’22: Who’d Like To Hire A Whole Bunch Of...
Last year, there was rancor at 200 West. The veterans who’d endured all of the things that their coddled, entitled subalterns rejected...
Layoffs Watch ’22: Marcus And Other David Solomon Flights Of Fancy
At Goldman Sachs and elsewhere on Wall Street, fewer deals means less need for dealmakers. The same logic, alas, applies to consumer...
Layoffs Watch ’23: The Reckoning
The Pink Slip Pixie has made her way about Wall Street, and all in all, she’s been fairly kind. (Kinder, certainly, than...
John Mack Wouldn’t Do Anything Differently
Almost a dozen years ago, we sought to crowd-source a title for outgoing Morgan Stanley chief John Mack's book. Alas, even with...
Pessimism Pays
A epigram for this year in dealmaking might be, “beggars can’t be choosers.” With inflation soaring; interest rates following suit; and a...