James Gorman Keeping Employees In Suspense
Despite just last month receiving the official word that bonuses will be down ten to thirty percent (at best) this year, Morgan Stanley employees have been girding their loins for the bad news since at...
View ArticleMorgan Stanley Names 232 Managing Directors
It’s not as exciting as Partner Day at Goldman Sachs, where in the basement of 200 West, blind-folded and naked, everyone pricks their finger, rubs the blood together, and pledges their devotion to the...
View ArticleJPMorgan Promotes 132 To Investment Bank Managing Directors
Jamie Dimon wanted to make the announcement Oprah-style (You get a title change! And you get a title change! And you get a title change!) but there was concern that some employees would pass out from...
View ArticleGoldman Sachs Gets A Third Investment Banking Head
London-based banker Richard Gnodde will join David Solomon and John Weinberg running Goldman’s investment bank. [Bloomberg] Continue reading »Follow Dealbreaker on Twitter or become a fan on...
View ArticleMorgan Stanley Names 210 Managing Directors
Which apparently represents a 9.5% drop from last year and “the lowest number of employees it promoted to that role since 2008,” lest anyone think Jim Gorman is fucking around. The era of cannolis and...
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Goldman Sachs Makes 266 People’s Mornings
Unlike the life-changing partnership ritual that takes place every two years, the managing director promotions, announced today, are more of a light pat on the ass that says, you’re doing a pretty okay...
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Christmas Come Early: Entire House Financial Services Committee Hearings To...
Rep. Maxine Waters (D., Calif.) was tapped Tuesday by House Democrats to serve as the ranking member on the influential House Financial Services Committee, promoting a vocal liberal who has long been...
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Promotion Watch ’12: Citigroup
Contrary to popular belief, not all news is bad news at Citigroup. Yesterday a whole buncha employees were named Managing Directors and while some might say that the only Wall Street promotion news...
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Promotion Watch ’12: Credit Suisse
Recent events might have had you thinking otherwise, but Credit Suisse does more than just layoff its employees– sometimes it promotes them, too! Earlier this morning, in fact, the Swiss bumped a whole...
View ArticleOld Friends Get New Titles At BlackRock, Legg Mason
If you should ever be able to broker a deal like BlackRock’s for Barclays Global Investors, it may be worth your while to do so. Continue reading »Follow Dealbreaker on Twitter or become a fan on...
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Goldman Sachs Just Gave 280 Lives Meaning
Yesterday they were lost, today they are found. Yesterday they were just bumping along aimlessly, today they have something to live for. Yesterday they were mere Goldman employees, today* they are...
View ArticleMost Powerful Court In All The Land Has A New Leader
Leo E. Strine Jr., come on down. Delaware’s governor nominated Chancellor Leo E. Strine Jr. as the next chief justice of the state’s supreme court, in a widely expected promotion for one of corporate...
View ArticlePromotion Watch ’15: Morgan Stanley
A new class of managing directors was anointed this morning, with a congratulatory call from […]
View ArticleCredit Suisse To Sweeten Situation For Junior Mistmakers
The Swiss bank is letting analysts put on associate pants after just two years.
View ArticleDeutsche Bank To Try Reshuffling The Deck Chairs On “The Teutonic”
Cryan's IPO of last resort will be paired with a fun round of "senior executive musical chairs."
View ArticleWelcome To The Culture Wars, Minor League Baseball
“Hourglass Appreciation Night” in Utah ain't about timepieces.
View ArticleGoldman Sachs Gets A Third Investment Banking Head
London-based banker Richard Gnodde will join David Solomon and John Weinberg running Goldman’s investment bank. […]
View ArticleMorgan Stanley Names 210 Managing Directors
Which apparently represents a 9.5% drop from last year and “the lowest number of employees […]
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