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A DAY IN THE LIFE: Managing Director Of Market Risk
In this article, one of Quantnet’s “anonymous Wall Street Senior Executives” describes a typical day in his life as a Managing Director in Market Risk at a bulge bracket investment bank.Share your...
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Morgan Stanley To Lay Off 20% Of Research Managing Directors By Year End (MS)
A well-placed source close to the firm tells us that Morgan Stanley will have to fire 20% of the managing directors in research by the end of the year. Morgan Stanley names around 210 - 240 new...
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Goldman Sachs Just Announced Its Smallest Managing Director Class Since The...
Goldman Sachs & Co. just announced the smallest number of promotions to managing director since the crisis began in 2008.Only 261 employees at the firm gained the title.That's down 60, or 19%, from...
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A Week After Delivering A Tough Message On Pay, Morgan Stanley Names 210 New...
Reuters reports that Morgan Stanley has announced the promotion of 210 employees to managing director (full list below)This news comes after a week in which news of Morgan Stanley's changing...
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A Goldman Sachs Managing Director Sold This Gorgeous Neoclassical Townhouse...
Goldman Sachs Managing Director Daniel Shefter sold his Brooklyn townhouse earlier this week for $5 million, according to The Real Deal.After the townhouse spent 18 months on the market and had its...
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Goldman Promotes 266 To Managing Director
Yesterday Goldman Sachs named 70 of its employees to the highly-coveted "partnership managing director" position. Today the bank promoted 266 employees to managing directors.That's slightly higher...
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Hayman Capital Managing Director Killed In Tragic Accident
Very sad news...A Dallas-based investment professional Galen Weston Swank was killed in a car crash early Tuesday morning, NBC 5 Dallas-Fort Worth reported. He was 31.Absolute Return's Rob Copeland was...
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Goldman Sachs Is Changing Its Managing Director Selection Process
Goldman Sachs is changing its managing director selection process, according to an internal memo sent out by Lloyd Blankfein and Gary Cohn and seen by Business Insider. According to the contents of the...
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GOLDMAN SACHS MANAGING DIRECTOR: Here's How To Turn Your Summer Investing...
Every year, college and MBA students flock to New York and other financial centers for highly-coveted summer analyst positions at investment banks.A Wall Street intern who works hard and is a great...
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How One Goldman Sachs Managing Director Hires His Team Of Tech Geniuses
The technology department at Goldman Sachs is not only one of the biggest divisions at the Wall Street giant, but it's also one of the most crucial. The firm executes millions of trades on exchanges...
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Goldman Will Select Its New Managing Directors Today
It's Managing Director day at Goldman Sachs, CNBC's Mary Thompson reports. According to CNBC, Goldman will tap its MD class today around noon. The class is expected to be slightly larger (approximately...
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Goldman Just Tapped These 280 People To Be Managing Directors
It's Managing Director Day at Goldman Sachs! The bank has tapped 280 people to be MDs, which is higher than last year's 266, Bloomberg pointed out. It's a big deal to be named a managing director. The...
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Wall Street CEO Gives His Senior Bankers 5 Steps To Making Life Better For...
Jefferies CEO Rich Handler sent an open letter to his firm's senior-level bankers providing them with five ways to help make life better for the young analysts and associates, Dealbook reports.In the...
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Ted Cruz's wife is taking an unpaid leave of absence as a managing director...
Goldman Sachs managing director Heidi Cruz, the wife of Sen. Ted Cruz (R-Texas), has taken an unpaid leave of absence from the bank, Bloomberg News' Michael Moore reports. On Monday, Ted Cruz...
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Goldman Sachs' new managing director list is out
Goldman Sachs has promoted 425 people to managing director, making it the firm's largest class ever."Our new Managing Directors represent the best of our firm’s dedication to excellence, leadership and...
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Goldman Sachs' new managing-director list sends a big message to its junior...
Goldman Sachs just promoted 425 people to managing director — the highest ranking you can achieve before making partner — and the list of people chosen is very telling.About 30% of the new managing...
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A simple way young people can avoid a major faux pas at a Wall Street bank
Navigating Wall Street as a millennial can be tricky.You want to network and build relationships, but you have to do it with tact.We've heard some really simple advice from a senior-level banker and...
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Morgan Stanley just announced 156 new managing directors
Morgan Stanley just released a list of its newest managing directors.This year's list has 156 names, up from 151 last year.Thirty-three, or 21%, of the new MDs are women. That's on par with last year,...
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Citi just made 2 big hires from Goldman Sachs
Citigroup has just hired two senior Goldman Sachs sales staff in London.Quentin Andre is joining Citi as global head of structured sales in the equities business.Dirk Keijer is joining Citi as head of...
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Goldman Sachs' new managing-director list is out — and it's the largest class...
Goldman Sachs announced its largest-ever class of managing directors.Of the 509 promoted, 44% are millennials.The firm announces managing-director promotions every two years.It's one of the most...
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