The indirect costs of the new barrage of sanctions are far harder to quantify.
Mayo cut his rating on the firm's stock to equal weight from overweight last month
Wells Fargo returned 61% last year, but Buffett has been dumping the bank's stocks since 2017.
The new gigs come as Wall Street leaders have been complaining about how hard it is to attract and retain experienced staff.
Fed officials are signaling higher borrowing costs are in the works amid the highest inflation in nearly four decades.
"We're not going to pay you not to work in the office,” the CEO told unvaccinated employees.
Average hourly earnings rose more than economists expected in December.
Gwen Campbell, whose clients include Alex Rodriguez, says she was lured into a "shark tank."
Unvaccinated employees have been asked to work from home temporarily until “alternative solutions are considered.”
Goldman may boost its bonus pool for investment banking by about 50%, and JPMorgan may reach for a 40% increase.
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