Wall Street traders, usually among the best-paid employees in the industry, may see drastic cuts in their take-home pay, Bloomberg News said.
Revenue in trading divisions has fallen by an average of 12% so far this year. Goldman Sachs (GS), which mak…
Pay on Wall Street is on pace to break a record high for a second consecutive year, growing 4% in 2010 at nearly three dozen of the top financial institutions.
Continue reading Wall Street Pay to Hit Record Hig…
Goldman Sachs (GS) may strip as many as 60 executives of their partnerships this year to make way for new executives in a process known as “de-partnering.”
Only 375 or so of Goldman’s 35,000 employees are partners, The New York Times reported. Winnin…