The federal government says excessive pay at financial institutions was one of the main causes of the recent economic crisis. It now wants to make sure bank executives and traders take less risk, by insisting they defer a large…
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…
Index futures, index options, equity options and security futures are all set to expire Friday in a phenomenon known as the “quadruple witching” hour. It usually signals a time of higher trading volumes and surprises on Wall St…