no soup for you

  • ubsairship

    News

    Bonus Watch ’14: UBS

    It’s going to be a cold, dark bonus season at the Swiss bank, thanks to the foreign currency double-teamers who had to ruin things for the whole group.

    / Nov 13, 2014 at 10:00 AM
  • one of the creepier results of google image searching the bank

    News

    Bonus Watch ’14: Not If Deutsche Bank Shareholders Have Anything To Say About It!

    The German lender is proposing to raise the maximum bonus senior managers can receive to twice their fixed annual salary, double the current level. Deutsche Bank officials say the move is necessary so that the bank can comply with European rules on pay, while also competing for staff with U.S. rivals. They say that if […]

    / May 19, 2014 at 11:29 AM
  • RBS

    News

    Bonus Watch ’14: UK Treasury Is Going To Stop RBS Right There

    Maybe some banks pay any old bonuses they want (despite continuing to lose money) in order to keep up with the Joneses, Goldmans, and JPMorgans of the world, but RBS isn’t going to be one of them! Not while it lives under the government’s house!

    / Apr 25, 2014 at 12:50 PM
  • mathew_martoma-300x3001

    News

    Judge Unswayed By Martoma Lawyer’s “Press About SAC Might Make My Client Look Bad” Argument

    Mathew Martoma, the latest employee of Steven A. Cohen’s SAC Capital Advisors to face trial on insider trading charges, lost a bid on Friday to delay his trial, which is scheduled to start on January 6. Martoma’s lawyer, Roberto Braceras, told U.S. District Judge Paul Gardephe in New York that the conviction of SAC portfolio […]

    / Dec 20, 2013 at 5:01 PM
  • News

    Layoffs Watch ’12: UBS

    Unfortunately-timed cuts are said to have gone down this morning.

    From the front lines:

    “Over 30 IBD analysts cut at UBS in New York today. 2 days before bonus announcements…”

    / Jul 24, 2012 at 1:17 PM
  • Banks

    RBS Cancels Merriment Of Any Kind

    As you may have heard, the last several years have not been so hot for RBS. In the last 12 months alone, the bank beat expectation by posting “a bigger-than-estimated first quarter loss” (with a loss of 1.4 billion pounds for the first half), employees have gotten canned, management has already informed staff that 2011 […]

    / Oct 14, 2011 at 10:47 AM

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