bank bonus news from FierceFinance

We've been talking about the need for banks to be sensitive about the likelihood of a public backlash, as they bonus seasons rolls on. But the fact is that the backlash has already started--in... Read more...

Goldman Sachs (GS) thoroughly trashed analysts' expectations, posting earnings of $8.20 a share versus expectations of $5.20 a share. This gave the stock an early shot. Investment banking and trading... Read more...

And so it all comes home to roost; facing the need to raise revenue and the massive bonuses being doled out on Wall Street, the government has proposed a fee on the top 50 or so financial... Read more...

There is one reason why Citigroup (C) will not have as much trouble recruiting as people think: Its stock, mired at historic lows, offers a penny stock-like upside. This raises the question: Would... Read more...

We've noted that Wall Street is eagerly anticipating the trial of Bank of America (BAC) before judge Jed Rakoff. It's scheduled to begin March 1. But you have to wonder how the bank's negotiations... Read more...

There are a lot of people chafing at the government's move to reform pay practices in the United States. But the measures by the British government so far have been much more draconian, and it's... Read more...

For help with its bonus conundrum, Goldman Sachs (GS) may be taking a cue from Bear Stearns. Recall that the firm was quite serious about charitable donations. Ace Greenberg and Jimmy Cayne required... Read more...

The trial of Bank of America (BAC) promises to be a barn burner, even if no individuals are on trial. The pre-trial skirmishes have stepped up a notch, with the SEC filing some additional charges... Read more...

We've noted the dicey situation Goldman Sachs (GS) is in regarding bonus payments for 2009, which are going to be huge. Other banks face similar issues on a smaller scale. Bank of America (BAC) for... Read more...