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Wall Street Vs. Main Street - Bank Bonuses Beat Baristas, Bartenders

Since 1985, banker bonuses have soared 890%, seven times the rise in the federal minimum wage, according to the Institute for Policy Studies, a left-wing think tank in Washington, D.C., which they proclaim has "contributed to racial .....»»

Category: blogSource: zerohedgeMar 20th, 2017

Goldman"s earnings beat forecasts despite trading drop

Goldman Sachs' third-quarter profits fell 3 percent from a year earlier as the trading desks at Wall Street's biggest investment bank were weighed down by a slow summer that also affected most of its competition......»»

Category: topSource: moneycentralOct 17th, 2017

Goldman Sachs 3Q results beat forecasts despite trading drop

Goldman Sachs' third-quarter profits fell 3 percent from a year earlier, as the trading desks at Wall Street's biggest investment bank were weighed down by a slow summer that also impacted most of its competition......»»

Category: topSource: foxnewsOct 17th, 2017

Wall St higher as bank stocks rebound, Apple gains

A recovery for U.S. banking stocks allied to a 1.5 percent gain for Apple prodded Wall Street's main indexes higher in early afternoon trading on Monday......»»

Category: topSource: foxnewsOct 16th, 2017

Wall Street higher as bank stocks rebound, Apple gains

(Reuters) - A recovery for U.S. banking stocks allied to a 1.5 percent gain for Apple prodded Wall Street's main indexes higher in early afternoon trading on Monday......»»

Category: topSource: reutersOct 16th, 2017

Bank of America beats on earnings (BAC)

REUTERS/Shannon StapletonBank of America Merrill Lynch beat Wall Street estimates for third.....»»

Category: topSource: businessinsiderOct 13th, 2017

Tight leash on costs helps Citigroup trump Wall Street view

(Reuters) - Citigroup Inc's quarterly profit and revenue beat Wall Street expectations as the bank kept a tight lid on costs, booked a gain from an asset sale and saw strength in equity underwriting......»»

Category: topSource: reutersOct 12th, 2017

Analyst Tips His Cap To Red Hat After Yet Another Beat And Raise Quarter

Red Hat Inc (NYSE: RHT) reported Monday an encouraging earnings beat that sent shares higher by more than 4 percent Tuesday. But not all of Wall Street were sufficiently impressed to be recommending the stock, including Bank of America'.....»»

Category: earningsSource: benzingaSep 26th, 2017

"Starts With A Whimper, Ends With A Bang": Trader Previews Fed"s Balance Sheet Reduction

Ahead of this week's main central bank event, in which Wall Street consensus broadly expects the Fed to officially announce balance sheet shrinkage in this week's FOMC meeting, .....»»

Category: blogSource: zerohedgeSep 18th, 2017

Bring Back Our Growth: United Natural Foods Serves Up Q4 Beat

United Natural Foods, Inc. (NASDAQ: UNFI)'s earnings report Wednesday prompted a more than 10-percent rally in the stock by Thursday morning, but were the results good enough to impress Wall Street analysts? Bank Of Ame.....»»

Category: earningsSource: benzingaSep 14th, 2017

Morgan Stanley beats, trading delivers strong results despite "subdued environment" (MS)

Neilson Barnard/Getty ImagesMorgan Stanley beat Wall Street estimates for second quarter earnings, following the trend set by its peers. The bank delivered earnings per share of $0.87, up from $0.75 in the second quar.....»»

Category: topSource: businessinsiderJul 19th, 2017

Wall Street"s Goldman Sachs moves quietly into Main Street

More homeowner, less hedge fund titan. Goldman Sachs, long known for its super-rich clients and well-connected executives, is starting to act a lot more like a neighborhood bank......»»

Category: topSource: moneycentralJul 18th, 2017

Goldman Sachs beats after record breaking quarter (GS)

Bryan Bedder/Getty Images for The New York TimesGoldman Sachs beat Wall Street estimates in the second quarter. The US bank delivered earnings per s.....»»

Category: smallbizSource: nytJul 18th, 2017

A Wall Street boutique is crushing it, and now it"s ready to go out and make some big hires (MC)

REUTERS/Lucas JacksonMoelis & Company, a boutique investment bank, just announced its second record quarter in a row, and is now looking for top-tier talent to add to its roster. The firm beat analyst's f.....»»

Category: topSource: businessinsiderApr 26th, 2017

We asked 6 Wall Street recruiters about the hottest trends in hiring

YouTubeIt's moving season on Wall Street. Bonuses have landed in bank accounts, freeing up bankers and traders to move to new emplo.....»»

Category: topSource: businessinsiderApr 24th, 2017

Bank of America Profits Pop on Trading Revenue and Higher Interest Rates

The bank beat Wall Street expectations on most metrics. Bank of America reported a 44% rise in quarterly profit as higher interest rates bulked up earnings from loa.....»»

Category: europeSource: fortuneApr 18th, 2017

In One Chart: Wall Street bonuses have soared 890% over the last three decades

This bonus pool could pay for the country‚Äôs 3.1 million restaurant servers and bartenders......»»

Category: topSource: marketwatchMar 15th, 2017

Bank, energy stocks lift Wall St indexes to record highs

Wall Street's three main indexes hit record highs on Thursday, amid gains across sectors, led by.....»»

Category: topSource: yahooFeb 9th, 2017

Bank, energy stocks lift Wall Street indexes to record highs

Wall Street's three main indexes hit record highs on Thursday, amid gains across sectors, led by.....»»

Category: topSource: yahooFeb 9th, 2017

Bank, energy stocks lift Wall St indexes to record highs

(Reuters) - Wall Street's three main indexes hit record highs on Thursday, amid gains across sectors, led by financial and energy stocks......»»

Category: topSource: reutersFeb 9th, 2017

Wells Fargo likely to eliminate 2016 bonuses for top executives: WSJ

(Reuters) - Wells Fargo & Co's board is likely to eliminate 2016 bonuses for the bank's top executives following the bogus account scandal, the Wall Street Journal reported on Wednesday, citing people familiar with the matter......»»

Category: topSource: reutersFeb 8th, 2017