Goldman Sachs just promoted 425 people to...
After 18 years.
Goldman Sachs managing director Heidi Cruz, the...
Jefferies CEO Rich Handler sent an open letter...
The class will be slightly larger than last year.
They start out as interns, of course.
[credit provider=”AP”] Goldman Sachs is changing its managing director selection process, according to an internal memo sent out by Lloyd Blankfein and Gary Cohn and seen by Business Insider. According to the contents of the memo, which have been confirmed by Goldman, the bank will start selecting its managing director class […]
[credit provider=”via NBC 5 Dallas-Fort Worth” url=”http://www.nbcdfw.com/news/local/One-Dead-inUptown-Dallas–181987491.html”] Very sad news …A Dallas-based investment professional, Galen Weston Swank (“Wes”), was killed in a car crash early Tuesday morning, NBC 5 Dallas-Fort Worth reported. He was 31.
Yesterday Goldman Sachs named 70 of its employees to the highly-coveted “partnership managing director” position. Today the bank promoted 266 employees to managing directors.
[credit provider=”Streeteasy” url=”http://streeteasy.com/nyc/sale/669251-townhouse-26-garden-place-brooklyn-heights-brooklyn”] Goldman Sachs Managing Director Daniel Shefter sold his Brooklyn townhouse earlier this week for $5 million, according to The Real Deal.After the townhouse spent 18 months on the market and had its original asking price of $5.5 million pushed down twice, the sale actually closed $50,000 above the […]
[credit provider=”AP”] Reuters reports that Morgan Stanley has announced the promotion of 210 employees to managing director (full list below)This news comes after a week in which news of Morgan Stanley’s changing compensation practices made headlines, as the bank sees to decrease and defer the annual bonuses.
[credit provider=”AP”] Goldman Sachs & Co. just announced the smallest number of promotions to managing director since the crisis began in 2008.Only 261 employees at the firm gained the title.
A well-placed source close to the firm tells us that Morgan Stanley will have to fire 20% of the managing directors in research by the end of the year.
In this article, one of Quantnet’s “anonymous Wall Street Senior Executives” describes a typical day in his life as a Managing Director in Market Risk at a bulge bracket investment bank. Share your story at Quantnet.