You got to hand it to the banks. They are determined not to be disadvantaged by US regulators, who in turn, are determined that bank executives shouldn't get rewarded for failure.
Charlotte - As the national teen unemployment rate hovers at 24 percent, Bank of America is partnering with 95 nonprofit organizations to put 230 civic-minded high schoolers to work across the country this summer as part of its Student Leaders program. Funded by the Bank of America Charitable Foundation, the program matches local nonprofits with Student Leaders for a paid, eight-week internship.
If you needed further proof that the good times were back - for some..........
We learned in the last 7 - 10 days that over 1,000 investment banking jobs are in line for the chop, yet recruiters around the world insist that the job market remains fairly strong.
We all know that a career on Wall Street requires commitment, focus and hard work. So why is it that some of the kids today expect more for less when they get there ?
Deutsche Bank has come out and denied recent press reports that CEO Josef Ackermann has told the bank's board that he wants to take on the chairman's role as well as his own.
Bank of America Corporation has announced that Terry Laughlin, who is currently leading Legacy Asset Servicing, will assume the chief risk officer role. His transition to that role is expected to occur late in the third quarter. Until Laughlin's transition, Global Compliance Executive Paula Dominick is serving as interim Chief Risk Officer.
In case you missed it, here's this week's top stories
Call him Mr Indispensable.
Over a 20-year career in the financial markets, Jason Geddes worked his way up from a runner on the floor of the London Metal Exchange (LME) to trading futures contracts at Dresdner Kleinwort.
Labour’s mansion tax could be “very disruptive” to the housing market, a former adviser to the last Labour government on housing has warned.
Tired of two weeks vacation a year? Perhaps you should work for Virgin, where boss Richard Branson believes in offering unlimited time off to staff.
Apple's $3-billion acquisition of Beats earlier this year helped co-founder Dr. Dre jump to the top of Forbes' Hip-Hop Cash Kings list - but a hefty tax bill means he's not a billionaire just yet.