Several executives and other employees in Jefferies Group Inc.’s prime-brokerage unit threatened to leave the firm in a dispute over issues including a recent restructuring and year-end compensation, people familiar with the matter said. The dispute led to a series of meetings Tuesday involving Jefferies executives and its global head of prime brokerage, Glen Dailey, the people said. Mr. Dailey, in response to questions from The Wall Street Journal, acknowledged the discussions but said no one was leaving, adding, “family affairs are now in order.” [WSJ, earlier, earlier]
well I never!
It’s one thing to produce a film that induces feelings of suicide in the audience, what with its 17 different plots lines and Gucci loafers, all the while exposing your childlike comprehension of the machinations of Wall Street but when you insult the looks of Lloyd Blankfein, you go too far. Read more »
As you may have heard, there’s a World Cup outcome-predicting cephalopod mollusk that people are just obsessed with. So famous he is for being (completely randomly) right every damn time, that he’s actually started to receive death threats, which is how you know you’ve made it. As you may have also heard, there’s a bank called UBS that can’t do anything right. It is pretty much at this point a commonly accepted fact. So this just seems gratuitous and uncalled for. Read more »