The all-powerful chairman and chief executive of JPMorgan, weakened by gigantic trading losses on his watch, faces calls to split his roles
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Stephen Foley: Wall Street firms are leading the way when it comes to workplace diversity
Saturday 11 February 2012
US Outlook: 'I'm Lloyd Blankfein, chairman and CEO of Goldman Sachs, and I support marriage equality.'
Goldman Sachs chief executive handed $7m stock bonus
Saturday 04 February 2012
Goldman Sachs handed its chief executive, Lloyd Blankfein, a bonus of $7m (£4,4m) in shares for his work last year, down from $12.6m in 2010 in line with the investment bank’s slipping profits.
The Hunger Games: The new teen franchise with Twilight in its sights
Saturday 04 February 2012
The trailer concludes with the ominous tagline: "The world will be watching." Get ready for The Hunger Games, the new Hollywood blockbuster franchise which promises to trounce Twilight and replace Harry Potter in the box-office charts. Anticipation is mounting among millions of teenage fans ahead of the 23 March opening of the film, based on Suzanne Collins's bestselling novels. The trilogy, which has sold 30 million copies, is set in a post-apocalyptic world where children are chosen by the government to fight each other to the death in gladiatorial battles.
Outlook: Government should raise a glass to this man
Thursday 19 January 2012
Tim Martin has been predicting the demise of the euro, sometimes with a reference to the pharaoh Tutankhamun (they are equally dead), since the day it was invented. Can't work, he kept saying. Won't work. Shouldn't work. The JD Wetherspoon chairman is now closer to being proved right, which might be cause for a celebratory pint down the local. His own business continues to do remarkably well. Yesterday he reported rising sales over Christmas, but took little credit. They're only up because we're comparing the sales with a period of bad weather a year ago, he said.
Simon English: It won't happen, but Cameron would benefit from sharing a tipple with Martin
Thursday 19 January 2012
Outlook: Tim Martin has been predicting the demise of the euro, sometimes with a reference to Tutankhamun (they are equally dead), since the day it was invented. Can't work, he kept saying. Won't work. Shouldn't work.
Bad news for bonuses as Citigroup crashes into the red
Wednesday 18 January 2012
A wipeout in its equity derivatives business helped push Citigroup's investment bank into the red, presaging grim news for staff awaiting their bonuses.
JP Morgan staff bill up to £18.9bn
Friday 13 January 2012
US bank JP Morgan Chase today revealed a higher bill for staff pay and bonuses in 2011 of 29 billion US dollars (£18.9 billion) despite a turbulent finish to the year.
New regulation 'will hinder lending'
Friday 13 January 2012
Delays and uncertainty over new financial regulations risk upending long-term investments such as new mining projects or international trade, the head of Barclays' investment bank has warned.
Europe set to block New York Stock exchange merger
Wednesday 11 January 2012
The odds of a merger between the stock exchanges of New York and Europe dramatically lengthened last night after it emerged the European Commission competition regulator has recommended blocking the deal.
US banks set to slash bonuses
Sunday 08 January 2012
The US bank results season, which kicks off with JP Morgan Chase's full-year figures on Friday, could see bonuses slashed by up to a quarter after poor trading late last year.
Stock markets mixed ahead of Greece talks
Wednesday 04 January 2012
World stock markets were mixed today, as encouraging signs about the US economy were tempered by investors' fears that time was running out for Greece to fix its debt crisis.
Finance, not protest is taming the banks
Thursday 29 December 2011
So did the Occupy Wall Street movement have any effect? No, says Stephen Foley
World markets hit by US and Japan economic news
Wednesday 28 December 2011
World stock markets fell today, with trading thinned by year-end holidays and mixed economic news out of the US and Japan.
Rolet tries again with bid for LCH.Clearnet stake
Saturday 03 September 2011
Xavier Rolet, the chief executive of the London Stock Exchange, is staking much of his credibility on an approach for a majority stake in LCH.Clearnet.
- 1 'Sickening, deluded and unforgivable': Bloody attack brings terror to capital’s streets
- 2 Mothers' diets may harm IQs in two-thirds of babies
- 3 Far-right French historian, 78-year-old Dominique Venner, commits suicide in Notre Dame in protest against gay marriage
- 4 Eyewitness gives extraordinary account of her confrontation with Woolwich attackers
- 5 Woolwich attack: The EDL might have a sinister plan as a soldier is murdered in suspected Islamic terrorist attack
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