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What's next for Morgan and Goldman?

November 3, 2008 — 8:47am ET | By Jim Kim
It's hard to think of Goldman Sachs and Morgan Stanley as deposit takers. But they have become just that. Goldman Sachs has plans to expand its Utah-based bank for private clients. It has also... Read more...

Wall Street firms to axe more jobs this fall?

September 3, 2008 — 9:14am ET | By Jim Kim
Summer proved to be a cruel season on Wall Street. The bloodletting was fierce. But as Breakingviews notes, the picture could get even worse come fall. Historically, job cuts have been mild in the... Read more...

Employment situation worsens in NYC

May 21, 2008 — 6:59am ET
Recall that in March, New York City's budget office predicted that 20,000 jobs would be lost in the financial services sector. It now says that total job losses will run to 33,300 jobs, notes... Read more...