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SALLIE KRAWCHECK
Has Wall Street been tamed? Fines, job cuts and anger take tollWall Street has long prided itself as a hotbed of innovation, today it’s ensnared in a web of rules to prevent bankers from once again thre...- Eight successful people & their financial goals for 2016These CEOs and self-made millionaires are clear about their priorities and the plan for this year.
- 21 highly successful people who rebounded after getting firedThese successful people prove that what may initially feel like failure may just be the launching pad you need for success.
- One of these women may win the struggle to run a Wall Street firmEven among the women who stick it out, fewer advance to the senior level, a condition that's worsened since the financial crisis.
- Secrets they didn’t know at 22"If only I knew then that there is wisdom in uncertainty and only from the unknown can life be renewed constantly,” says Deepak Chopra.
- Bank of America may cut 10% jobsJob cuts may total about 10% of the firm's 288k employees in the next 2-3 yrs, said a person with direct knowledge of the discussions.
- Wealthy Americans better off than last year; but still cautiousWealthy US investors are a little better off than they were a year ago, but a majority still struggle to balance today's financial demands ...
- Merrill beats Morgan Stanley in profitsIn brokerage sweepstakes, the competition is getting fiercer by the day. But Merrill Lynch has little to worry as it stands to gain from a ...
- BofA names new management teamStarting Feb. 1, Neil Cotty, the chief accounting officer, will become interim CFO until a replacement is found, the bank said.
- Successor may have to prove Merrill’s worthKen Lewis’ legacy as CEO of Bank of America will likely be determined by whether his successor can do what Lewis couldn’t: prove that the b...
- Next Bank of America CEO must rebuild firm's imageKen Lewis' legacy as CEO of Bank of America Corp will likely be determined by whether his successor can do what Lewis couldn't: prove that ...
- Citi appoints Corbat as Global Wealth Management unit headCitigroup has appointed Mike Corbat as chief executive of the Global Wealth Management unit.
- Subprime impact: Few women in high positions at Wall Street firmsThe replacement of Erin Callan at Lehman and firing of Zoe Cruz from Morgan leave few women in high positions at Wall Street firms. Beat oi...
- Citigroup rejigs global operations on geographical linesWith Asia-Pacific contributing to an increasing revenue and income for Citigroup, the US behemoth has carved it out as a new geographic reg...
- Citi plans to cut 26,000 jobs in major revampCitigroup chief executive Charles O Prince III plans to eliminate or reassign more than 26,000 jobs, or 8% of its work force, when he annou...
- Citi lags rivals, but pays $26 mn to CEO PrinceCitigroup paid chairman and chief executive officer Charles Prince about $26 million in 2006, including a $13.2 million bonus, even as the ...
- Citigroup’s Prince faces the law of large numbersCitigroup’s problems may be intractable. Charles Prince, chief executive officer of the biggest US bank since 2003.
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