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Women's History Month Podcast: Show Up, Stand Up, Speak Up

Women's History Month Podcast: Show Up, Stand Up, Speak Up

Our first podcast for Women's History Month was a blast! Our expert panel talked about the state of women on Wall Street. Listen here for a piece of the expert advice that was given to keep us all moving forward.

Wells Fargo Directors Exiting After Federal Reserve Slams Governance

Wells Fargo Directors Exiting After Federal Reserve Slams Governance

Wells Fargo, the embattled U.S. bank, said four directors will retire from its board. The announcement comes less than a month after the Federal Reserve imposed an unprecedented halt on the bank's future growth, citing subpar corporate governance among other failings.

BlackRock Replaces Head of $1.9 Trillion Fixed-Income Division

BlackRock Replaces Head of $1.9 Trillion Fixed-Income Division

Although BlackRock started as an investment firm primarily focused on bonds, the fixed-income business has been overshadowed in recent years by the runaway growth in index-tracking and exchange-traded funds, mostly concentrated in stocks.

Goldman Sachs CEO's Bangalore Bonus Comes Courtesy of India Offshoring

Goldman Sachs CEO's Bangalore Bonus Comes Courtesy of India Offshoring

The Goldman Sachs board of directors gave CEO Lloyd Blankfein a 9% pay raise in 2017 to $24 million, and he may have his lower-paid workers in India and Poland to thank.

JPMorgan Sees Profits Surging in 2018 as Taxes Fall, Rates Rise

JPMorgan Sees Profits Surging in 2018 as Taxes Fall, Rates Rise

JPMorgan Chase increases its targeted return on tangible common equity - a key measure of profitability - to 17% from 2017's target of 15%, as the U.S. bank benefits from a drop in corporate taxes and rising interest rates.

Wall Street Gets Creative to Pay CEOs More as Financial Crisis Memories Fade

Wall Street Gets Creative to Pay CEOs More as Financial Crisis Memories Fade

As the economy picks up and stock markets rise, Citigroup, Bank of America and other big banks are taking advantage of the swing in sentiment to pay themselves more. It helps that memories of the financial crisis are fading.

Deutsche Bank Job Cuts Could Mean Fatter Paychecks for Survivors

Deutsche Bank Job Cuts Could Mean Fatter Paychecks for Survivors

Deutsche Bank plans to fire 250 to 500 employees in its investment-banking and trading business, a person familiar with the matter said. It could be a way to free up money to hire and retain top producers.

Citigroup Gives CEO Corbat 48% Pay Raise as Profitability Misses Goal

Citigroup Gives CEO Corbat 48% Pay Raise as Profitability Misses Goal

Citigroup boosted CEO Michael Corbat's pay to $23 million, even as the bank failed to meet the CEO's own profitability goal for a third straight year, and as it reported a full-year net loss of $6.2 billion due to the write-off of tax credits that management had touted as a competitive advantage.

Worst-In-Class Goldman Sachs CEO Blankfein Gets 9% Pay Raise

Worst-In-Class Goldman Sachs CEO Blankfein Gets 9% Pay Raise

The Goldman Sachs board of directors gave CEO Lloyd Blankfein a 9% pay raise in 2017 to $24 million, even as the firm turned in its worst performance in years.

Credit Suisse Bankers Got Secretaries to Do Their Compliance Training

Credit Suisse Bankers Got Secretaries to Do Their Compliance Training

Three bankers in the Swiss bank's loan-bundling unit got administrative assistants to complete required compliance training courses on their behalf. As punishment, they had to give back a portion of their 2015 bonuses.