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Is Pandit After Dimon's White House Seat ?

Oh, it's dog-eat-dog on Wall Street. Jamie Dimon's seat at White House state dinners is barely cold (his bromance with Obama sadly over), and Citi CEO Vikram Pandit, the $1-a-year man, appears to be making a bid for it.

The Return Of 'Employee Power'

Employee Power

We've been hearing a lot recently that big (or at least bigger) bonuses have returned, and recruitment has changed back from a 'client-driven' market to a 'candidate-driven' one. And here's further validation that the good (or better) times have arrived.



Morgan Stanley building

People News: Goldman Sachs, Morgan Stanley

Patrick de Nonneville, Goldman Sachs’s co-head of European interest-rates trading, left the bank and is working with a new company focused on lending for small and medium-sized businesses in France.

Brian Fonzie Moynihan

Bank of America does deal over independent chair concerns

An activist investor group said it is withdrawing a shareholder resolution that called for Bank of America to have an independent board chair, easing some of the pressure the bank faced after giving its Chief Executive Brian Moynihan the additional title of chairman last year.