by Christine Moukazis | Apr 25, 2024 | Forbes Articles by Jack Kelly, Wall Street
Four years ago, I wrote about how tech evangelist, former Goldman Sachs CFO and current partner and vice chairman at Sixth Street Marty Chavez predicted that it will be as important for traders to know how to code as “writing an English sentence.” At the...
by Christine Moukazis | Apr 25, 2024 | Forbes Articles by Jack Kelly, Wall Street
Banking regulators are setting their sights on renewing efforts to tighten executive compensation at large banks. The regulatory agencies aim to restart a prior proposal that would require big banks, such as JPMorgan, Goldman Sachs and Morgan Stanley, to defer...
by Bhatt Unnati | May 5, 2022 | Latest News, Wall Street
As industries continue to lose employees in large amounts amidst the Great Resignation, companies are willing to do whatever it takes to hire new talent. And potential employees and interns have the upper hand when it comes to negotiating things like compensation...
by Bhatt Unnati | Apr 11, 2022 | Latest News, Wall Street
New York men who own penthouses have a lot of pent-up energy. And they’re ready and raring to release it. Right now, as the pandemic eases and Wall Street bonuses are through the roof, finance-world princes — flush with cash — are out on the prowl for fleshy fun. Take...
by Bhatt Unnati | Mar 30, 2022 | Business, Latest News, Wall Street
Junior bankers at Goldman Sachs are threatening to quit over demands that they show up to the office five days a week as the pandemic wanes — and some gripe that their bosses have been quietly checking attendance. As bonuses across Wall Street hit record highs,...
by Bhatt Unnati | Mar 29, 2022 | Business, Latest News, Wall Street
The federal minimum wage in the United States has not risen since 2009. It was set at $7.25 an hour that year, and remains so today in 2022. Wall Street bonuses, on the other hand, have risen steadily. And now a report from Inequality.org shows that if the federal...
by Bhatt Unnati | Aug 30, 2021 | Latest News, Wall Street
With Jackson Hole in the rear-view mirror, August’s employment report could be the next driver for markets. Stocks gained in the past week, surging again to new highs Friday after a speech by Federal Reserve Chairman Jerome Powell. The chairman acknowledged that Fed...
by Bhatt Unnati | Aug 2, 2021 | Wall Street
The push for a four-day workweek has gained traction during the coronavirus pandemic, even grabbing the attention of Congress, but a shorter workweek may be difficult to implement on Wall Street. The finance sector has “always been a culture of heavy hours and working...
