Bess Levin

Posts by Bess Levin

  • 31 Jul 2014 at 4:24 PM

Investment Bank League Tables: Bangability Edition

According to dating/mating app Hinge, Goldman Sachs comes in at number one compared to employees at other banks, while Citigroup brings up the rear. Meanwhile, employees at UBS are apparently the most picky of the group, while Barclays will do just about anyone. Read more »

YoTM sees what YOLO is doing and is coming in guns blazing. Read more »

  • 31 Jul 2014 at 1:44 PM

Things Are Itchy At Deutsche Bank

From the front lines: Read more »

  • 31 Jul 2014 at 12:36 PM

Clawback Watch ’22: Britain’s Banks

If you’re a banker working across the pond, get your underhanded schemes out of the way now, because come 2015, they’re going to start counting against you (and will continue counting against you vis-a-vis bonuses through 2022). Read more »

  • 31 Jul 2014 at 12:02 PM

Bill Ackman Is Sorry You Got Your Hopes Up

Remember, last week, when Bill Ackman gave a presentation about Herbalife, the company he is shorting? And the day prior, went on CNBC to announce the event, telling viewers they would learn “why Herbalife is going to collapse”? And described the presentation as “the most important” one of his career? And back at Pershing Square, told his advisors “fuck the webcast, I want to look into people’s eyes,” upgrading the talk to a live show at the AXA building in midtown? And made the case that, despite having spent hundreds of hours publicly excoriating Herbalife already, this was the event that people needed to see? And noted that he was “raising expectations” but “would not disappoint”? He realizes now it’s possible he should’ve dialed down the enthusiasm just a bit. Read more »

  • 30 Jul 2014 at 6:13 PM

Broker Junkets Are Back (But Only 70% As Drunk)

Time was, if you were a successful broker on Wall Street, your company sent you on trips to mingle with other top producing brokers, at which the only planned activities included playing golf, getting drunk, and falling ass-backward into the pool. Then the financial crisis hit and suddenly firms couldn’t afford the bad press associated with a gaggle of their employees passing out naked on the ninth hole at the Ritz Carlton in Half Moon Bay. Well now they can! Read more »

But Goldman Sachs says it’s okay. Read more »

Was this an act of a judge taking pity on BofA in light of the fact that it basically writes the government 9 figure checks on a weekly basis, and is probably going to write a ten figure one early next month? Unclear, but it calls for a round of celebratory drinks in Charlotte tonight. Read more »