Mar
18
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Everyone is thinking it but not necessarily talking hiring, especially Wall Street.
This paradigm was foremost in my mind on Friday as I listened to prospective MBA candidates go through simulations of the various functions within the finance industry at an event hosted by the Robert Toigo Foundation .
The event was meant to bring minority MBA candidates in direct contact with Wall Street bankers to experience typical day in their lives and allow them a peek into a banker's many job functions.
more news on: Credit Suisse Group AG news
Mar
18
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Mar
17
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The bailed out Swiss bank UBS AG ( UBS - Snapshot Report ), which suffered a loss for a third consecutive year, has paid out $51.8 million in compensation to executive board members for 2009.
After repaying the $5.6 billion funds it received in 2008, the bank is now free to set its own compensation policies.
Among the board members, Carsten Kengeter, co-head of UBS's investment bank, was the highest paid, receiving a total of $12.5 million.
Mar
16
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