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“#Wall Street bonuses to be bumped by as much as 35% this year” Wall Street’s bankers are on track to pocket some serious bonus checks this year as revenues soar and firms up the ante to retain talent. Wall Street’s legions of financiers, analysts and dealmakers — many of whom have already benefited from recent pay…
“#Jefferies Financial Group raises first-year banker pay to $110K” Investment bank Jefferies Financial Group has markedly boosted salaries for its bankers, a source close to the matter said on Monday, mirroring a pay-scale trend by other Wall Street lenders. The bank’s first-year analysts in the United States will now earn $110,000 annually, up from $85,000….
“#Inside the charmed world of Mike Novogratz’s family dynasty” Mike Novogratz’s wrestling days at Princeton prepared him well for the rough-and-tumble world of Wall Street. “Wrestling’s a very tough sport,” investment banker Andy Rosen, who met Novogratz in college, told The Post. “When you are on the mat it’s just you. There are no excuses,…
“#JPMorgan reinstates indoor mask mandate as Delta variant spreads” JPMorgan said it once again will require all employees, vaccinated or not, to wear masks at its offices nationwide as the spread of the Delta variant upends companies’ plans to return to normal routines. The strict order was sent to all US employees in a Friday…
“#De Blasio’s vaccination orders leave NYC businesses more confused than ever” Mayor Bill De Blasio ordered tough new vaccination rules for restaurants, gyms and other indoor venues this week, but he failed to address mounting uncertainty over rules governing the workplace — and companies are more confused than ever. Big Apple employers — foremost among…
“#‘Little guy’ may feel sharp pain from Robinhood’s IPO arrow” The people at Robinhood made IPO history this past week when they reserved an unheard-of chunk of its initial public offering, around 35 percent, for the trading app’s small-investor clients. And if you’ve been listening to company honchos and its soon-to-be mega-rich CEO Vlad Tenev,…
“#How George Soros’ money manager was accused of BDSM crimes” As a high-earning money manager — including for the Soros Fund — Howard Rubin seemed to have it all. There was the multi-million-dollar co-op on the Upper East Side, as well as a $9 million waterfront estate in the Hamptons. Rubin and his wife, Mary,…
“#Indoor mask mandates could wreck NYC’s post-Labor Day recovery, group warns” A new indoor-mask mandate proposed by the CDC would undercut efforts to draw employees back to offices after Labor Day — a crucial step needed to prop up the struggling commercial real estate market and to protect the city’s economy, according to an influential…
“#How new CDC guidance could impede Wall Street’s return to the office” Wall Street titans beating the “back-to-your-desks” drumbeat have just been dealt a potential setback by the Centers for Disease Control. On Tuesday, the national public health agency reversed its previous guidance on mask-wearing for vaccinated people — saying it now recommends face coverings…
“#Indoor mask mandates would choke big banks coming back to NYC” It was supposed to be the summer when things returned to at least “kinda normal” here in the Big Apple. Lots of us have received the vaccine, and Wall Street’s biggest firms (JPMorgan, Morgan Stanley, Citigroup, Bank of America and Goldman Sachs) have been…