Tag:
Investment Banking Group
Latest Headlines
Latest Headlines
Is Goldman's business practices report the end of the crisis?
Goldman Sachs' 63-page report, from its Business Standards Committee, details some interesting shifts that add up, in the eyes of many, to mere incremental change. It's certainly not the massive overhaul some critics hoped for. But many of these changes are noteworthy, and we can only hope other b
Job loss estimate at Bank of America-Merrill Lynch heads higher
It may be that Bank of America wants to get the word out about job cuts. So executives leaked to CNBC that about 10,000 would be cut, mainly in Merrill Lynch's investment banking group. But the network reported later that the number of lost jobs may be closer to 30,000. Which frankly seems mor
