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My strategy for 'Making It' at Goldman

Goldman Crowned

By the time I was 27, five years into my career at Goldman, I had been promoted from analyst to associate, and from associate to vice president. I had gone from making $10,000 as an intern to making over $340,000 as a vice president.

People News: Citigroup, Moelis, Deutsche

Moelis and Company

Citigroup has appointed Angus Yang to head a unit in Asia that provides services to hedge funds including brokering trades, lending securities and introducing them to potential investors, after his predecessor left the bank in March.

CIB boss may be worth more than Deutsche CEO

Deutsche Bank - Foyer Bridge

Pay for all of Deutsche Bank’s executives will be capped at the same limit this year. But a new disclosure shows corporate and investment bank head Jeff Urwin may be worth more compensation than co-Chief Executive Officer John Cryan.



Pointing Finger

Former Goldman Sachs trader settles fraud charges

The Securities and Exchange Commission announced that the former head trader in residential mortgage-backed securities (RMBS) at Goldman Sachs has agreed to be barred from the securities industry and pay $400,000 to settle charges that he repeatedly misled customers and caused them to pay higher prices.