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managing director
Latest Headlines
Latest Headlines
Challenges for new Goldman Sachs MDs
Last week, Goldman Sachs internally informed this year's crop of young chosen ones, that is, this year's crop of Managing Directors.
In the midst of some tough times and eye-catching job cuts, this group is becoming more exclusive. The firm minted only 261 new MDs, which is nearly 20 percent f
Wall Street slashes jobs, salaries and bonuses
The on-going round of layoff angst that has engulfed Wall Street seems cruel on several counts.
For one thing, this is very much the second dip of the industry's economic performance. It was just a few years ago that a nasty round of layoffs claimed many jobs. Things picked up for a while, all
Lloyd Blankfein may be a witness in Rajaratnam trial
It's always fun to speculate who will appear as witnesses--and for whom--at the big trials. So far we've only had a few big, dramatic trials. But that seems likely to change, as the trial of Raj Rajaratnam is scheduled to get underway on Tuesday.
What's more, the government may call Goldman Sa
Do you know any of these fledgling superstars?
What do the following execs have in common? Justin Abelow, Deutsche Bank's managing director of financial sponsors, Mike Bingle, Silver Lake managing director, and Cathy Leonhardt, Peter J. Solomon managing director in M&A. They all grace the Investment Dealers' Digest 40 under 40 list of
C&L: Executive Moves
KKR hires David Sorkin as top lawyer
Patricia Lovett-Reid, Teri Currie and Colleen Johns of TD Bank make most powerful list
Barry Zubrow to join JP Morgan as chief risk officer
Norbert Reis joins Carlyle's European buyout team as managing director
(Ca
Did Goldman Sachs broker the A-Rod deal?
The gilded touch of Goldman Sachs can now be felt in major league baseball. New York Yankees fans are perhaps glad that A-Rod has inked a deal with the team after all. Some credit goes to Goldman Sachs, which apparently helped bring A-Rod back to the table. The two most involved according to t
Goldman Sachs names new MDs
If you're young at Goldman Sachs, you aspire to be a partner. But before you can become a partner, you must first become a managing director. The MD class of 2007 at Goldman saw 299 people earn that status, the largest class ever, according to Financial News Online . Nearly 20 percent of the n
C&L: Michael Murray hired by Lazard as managing director with technology focus
John Redpath  hired by Deutsche Bank Â
James Stowers III  to leave American Century   Â
Bear Stearns names John Moore  CEO for its Asia businesses Â
Lazard taps Ken Costa as co-head of U.K. investment banking Â
Michael Mur
So who really owns the most toxic CDOs?
It really is unclear who's at the most risk in the current credit malaise. A lot of people are worrying about mezzanine collateralized debt obligations (CDOs)--the ones at the most risk of a blow up. The idea that Asian banks are the biggest owners has been floating around. In particular, a m
C&L: James Quigley promoted to chairman of overseas business at Merrill Lynch
James Quigley promoted to chairman of overseas business at Merrill Lynch JPMorgan hires
