Goldman Sachs Reports Second Quarter Earnings Per Common Share Of $0.78
Goldman Sachs may have extricated itself from those SEC fraud charges (by paying $550m to settle), but Fabrice Tourre, an Executive Director in the firm's Structured Products, Group Trading unit, remains on the hook.
Hays Financial Markets came out top of this year's Best Temp / Interim Recruitment Firm Poll. Hays were voted into top slot by candidates and clients from among our 250,000 readership.
Hays Financial Markets came out top of this year's Best Contingency Recruitment Firm Poll.
Although it's difficult to classify Goldman CEO Lloyd Blankfein as a 'trader' - he was actually a tax lawyer before he joined and rose through the ranks at the firm's commodities trading arm J. Aron - he is certainly more trader than banker.
Some of the biggest banks in the US reported their second-quarter earnings last week, and the numbers were not pretty.
The Wall Street Journal's 'Heard on the Street' Column reports that respected CLSA bank analyst Mike Mayo was heard to complain at Citi's earnings call last week that he hadn't met with the company's top executives for some 20 months.
The Sunday Telegraph reports that JPMorgan 'has raised serious concerns' about going ahead with its new $2.3bn European HQ project in London's Canary Wharf, as the firm is said to be angry 'at the lack of support for the financial sector in the UK'.
Shares in Bank of America (9.16%) and Citi (6.25%) plunged Friday, after both firms posted their second-quarter earnings.
Here's the latest on the 'Movers & Shakers' front.