Morgan Stanley’s roadmap for the future involves fewer humans, more machines. Read more »
Layoffs
Cuts are said to have down at the best paid bank on Wall Street. Read more »
Cuts are said to be going down this morning in Stamford. Read more »
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advice
Meredith Whitney Suggests Out Of Work Financial Services Employees Stop Thinking ‘How Many People Will Be Working Under Me?’ And Start Thinking ‘Do You Want That Collated And Bound, Sir?’
By Bess Levin
“The problem to date has been that those that have been laid off have been sitting on their couches because they do not want to take a downgrade in pay. They are not going back to work and the longer you are out of work, the more difficult it is to get a new job. My advice to them is take what you can get. It is very hard to transfer skills from a high-paying job…so recalibrate your expectations.” [BloombergTV]
The Germans thought about it and decided yes, layoffs sound like a great idea. Read more »
The firm is said to have released some of its young into the wild. Read more »
Unfortunately-timed cuts are said to have gone down this morning. Read more »
The House of Gorman will be saying good-bye to a few thousand Little Jims before year-end. Read more »
The Germans are considering sending some bankers to live on a farm upstate, where there’s plenty of fresh air and room to run around. Read more »
Project New BAC continues, only now that it’s worked out some of the initial kinks, management is going to fire people a lot faster that before. Read more »
The cuts aren’t expected to go too deep but every man, woman, and houseplant counts. Read more »
- Use the Bloomberg command
NH BLG_DEALBREAKER <GO>
to access Dealbreaker -
You know what they say: You can’t choose your family, but you can choose your financial planner. Or something like that. One of the great things of being in charge of your money is choosing who (if anyone) will help you manage it. The choice isn’t always an easy one. How will you know that your planner is reputable and trustworthy?
These five red flags may be good indications of whether the financial planner sitting across from you is someone you should trust with your money. LearnVest Planning also provides an innovative 7-step program for your money where you work one-on-one with a financial planner. To see if this program is right for you, start with a free financial consultation.
1. She Isn’t Certified
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Sponsored Content
SoFi Answers the Call to Refinance Student Loans and Provides Unique Community Benefits
This is a guest post written by SoFi’s CEO, Mike Cagney.
CLICK HERE TO READ THE FULL ARTICLE
Recently, there’s been a lot of talk amongst leaders in Washington about how to improve the painful process of repaying student loans. At SoFi, we feel your pain and work hard to offer more flexible, more affordable options for our borrowers. One idea that’s getting a lot of attention is increasing the options for refinancing debt after graduation. The only lender currently focused on refinancing private and federal student loans is SoFi.
We recognized early on that borrowers who have made timely payments on their loans, graduated from school, and have a job should be able to refinance their student loans at a lower interest rate. This may be why, after resuming lending by invitation, the media became increasingly interested in what we are doing.
In a recent article posted on MainStreet.com SoFi General Counsel Rob Lavet had this to say about SoFi’s ReFi products: Read more »
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