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Year-long chill for investment banking salaries
About 92% of 142 comparable investment banking jobs analysed by Astbury Marsden over the past year saw no increase in the average base salary in the year to March 31. During the same period, 3.5% of job titles saw pay fall, while 4.2% saw an increase, the headhunter said.
www.efinancialnews.com

Bank of America planning investment banking cuts
Bank of America Corp is planning to cut about 300 jobs in its investment banking and capital markets group, as it struggles to rein in costs to make up for weak revenue growth, sources familiar with the ...
finance.yahoo.com

Analysis: Big M&A banks move down-market in hunt for fees
(Reuters) - The slow market for merger deals is driving big-name investment banks into combat with smaller rivals for business from companies they usually ignore. Goldman Sachs Group Inc , Morgan Stanley and JPMorgan Chase & Co have emerged as the top banks on middle-market merger and acquisition deals announced this year, displacing advisory shops that specialize in the area. Bankers at smaller ...
ca.news.yahoo.com

Pay freeze in 92 pct of London finance jobs-study
LONDON, May 18 (Reuters) - Pay was frozen in more than nineout of 10 types of investment banking jobs in the City of Londonfinancial district over the past year, according to researchpublished on Monday ...
uk.finance.yahoo.com

Pay freeze in 92 percent of London finance jobs - study
LONDON (Reuters) - Pay was frozen in more than nine out of 10 types of investment banking jobs in the City of London financial district over the past year, according to research published on Monday by financial services recruitment firm Astbury Marsden. The research, which looked at 142 different investment banking functions, showed there was no increase in the average basic salary in 92 percent ...
news.yahoo.com

No Bonuses at Alfa Investment Bank
The denial of bonuses to Alfa Bank's investment-banking arm was confirmed Wednesday as the outfit became the second major privately owned investment bank to reveal its suffering in less than a week.
www.themoscowtimes.com

Pay freeze in 92% of London finance jobs: Study
LONDON - Pay was frozen in more than nine out of 10 types of investment banking jobs in the City of London financial district over the past year, according to research published on Monday by financial services recruitment firm Astbury Marsden.
asiaone.feedsportal.com

'Shareholder Spring' shows investors' wrath
THEY have been berated for being passive, absentee shareholders in the past, and for failing to curb the exorbitant banking salaries and incentives many saw as the root cause of the financial cr
my.news.yahoo.com

University graduates embark on earlier chase for jobs
Desire to take time off is at an all-time low as final-year students send off record number of job applications The graduate class of 2012 has made a record number of applications and begun looking for jobs earlier than ever, a survey of over 17,000 final-year students shows. Applications for graduate jobs in investment banking have returned to their highest level since the start of the credit ...
www.guardian.co.uk

Wall Street's rough year: 5 ways banks have shamed themselves
The embarrassing financial crisis is practically ancient history, but the country's banking titans are still finding ways to infuriate ordinary people
news.yahoo.com

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