Dealbreaker reports that, according to the complaint filed by former RBC Capital Markets trader Lindy Boville (who claims that she was fired because she had a bad choice in boyfriends), the firm actually encouraged her to get involved with her man in the first place!
Neil Ellerbeck, a senior banker over at HSBC Investment Management, found himself in court Wednesday, accused of murdering his wife.
A few years back The Evening Standard put together an interesting collection of comments that were allegedly made in the workplace to female bankers or lawyers. The alleged comments have all surfaced in the course of gender discrimination proceedings.
The New York Times 'DealBook' column reports that Bank of America has now agreed to hand over more documents sought by the US Committee on Oversight & Government Reform, which is investigating the bank's acquisition of Merrill Lynch. However, the bank appears not to have yet agreed to disclose documents that it believes are protected by client-attorney privilege.
Several banks are now engaging third-party companies which deal with employees who suspect that they have contracted the H1N1 virus. Detailed below is the transcript of a recent call.
The Wall Street Journal reports that, according to an unnamed 'person familiar with the situation', Bank of America's board met Monday to consider options should CEO Ken Lewis be charged with civil fraud.
The Wall Street Journal reports that, according to company e-mails and unnamed 'people familiar with the matter', Bank of America's loss projections for Merrill Lynch 'swelled by almost $2bn 2 days before shareholders voted to approve the acquisition of the firm late last year, but BofA didn't think that this was material enough to publicly disclose ahead of the vote.
That's what you could conclude, if you compare investment banking pay with compensation paid to sports stars. And respected Rochdale Securities bank analyst Richard Bove has done just that.
'The House Of Dimon - How JPMorgan's Jamie Dimon Rose To The Top Of The Financial World', by Patricia Crisafulli.
Swiss newspaper NZZ am Sonntag quotes Credit Suisse CEO Brady Dougan, who has confirmed that emerging from the financial crisis relatively unscathed has given the firm an edge in the hiring stakes.
Goldman Sachs has a reputation for consistently holding the winning lottery ticket numbers. But it got rid of the ticket that is poised to be one of this year’s biggest payoffs.
Revenue pressures and relatively slow trading conditions to blame.
HITC has been polling employees at commercial and investment banks, asset management and private equity firms and hedge funds globally for the past decade to determine who they think is the best firm to work for.