Media Room

Wall St cash bonuses slip by 8%

Thu, 24 Feb 2011 01:27:47 +0000

Pay-outs in 2010 total $20.8bn, with banks and securities firms deferring more employee pay and offering staff higher salaries in response to regulatory and political pressure

Traders beware rush to set up hedge funds

Thu, 24 Feb 2011 00:38:06 +0000

Former bank employees who are attempting to go it alone face pitfalls including rising regulatory costs and investor preference for established managers and robust systems

Henderson benefits as funds beat benchmarks

Wed, 23 Feb 2011 22:12:40 +0000

A strong performance by its funds and rising global equity markets helped the group report a surge in annual pre-tax profits and assets under management

Lehman trustee expects windfall

Wed, 23 Feb 2011 21:58:14 +0000

Lehman Brothers's trustee is potentially in line for billions in additional cash as part of Barclays' deal to acquire the defunct investment bank's US broker-dealer business