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Bank of America board faces CEO dilemma
If there’s one bank CEO who’s on the hot seat, it’s Bank of America’s Brian Moynihan, who won the job in January 2010 after an unusually grueling and public search. Since
Read more...Eroding wall between research and banking
One legacy of the dotcom bust was the so-called global settlement that sought to reform sell-side stock research practices on Wall Street. The deal called for a large fine and steps to erect
Read more...Bankers keep a low profile at Davos
The World Economic Forum in Davos always represents a good barometer of the public standing of banks. In the immediate aftermath of the financial crisis, the bank CEOs actually stayed away,
Read more...Losers in Greek debt tragedy
The Greek debt situation does not look good and people are right to wonder how exposed U.S. banks are. At this point, the direct impact appears to be minimal. "The direct impact of a Greek
Read more...Bank of America pays bonuses in stock
Bank of America has hit upon an interesting idea: In these tough times, why not pay a portion of cash bonuses in stock. For bonuses above $100,000, cash bonuses to be paid immediately will in reality
Read more...Greenhill & Co. earnings soar
What to make of the boutiques? In the aftermath of the financial crisis, many staffed up, hiring talented bankers and traders fleeing the bulge bracket. But then the promise seemed to fade as the
Read more...New mortgage investigation probe
Just when you thought that a far-reaching mortgage settlement between banks and state-and-federal regulators was near, along comes news of yet another investigation. A new federal-state mortgage
Read more...Also Noted
Company News:
> Bank of America vs. Arizona. Article
> Citigroup: banks have to win public trust. Article
> Bank of America CEO confident. Article
> Wells Fargo launches new mortgage programs. Article
> Wells Fargo creates new solar fund. Article
> Morgan Stanley sells Quilter. Article
Industry News:
> Money market funds cut Greek debt. Article
> Aggregate view of bank earnings. Article
> Low rates might punish banks. Article
Regulatory News:
> Geithner denies hostility to banks. Article
> Regulatory landscape unclear as of now. Article
And Finally… Amazon’s hit man. Article



