Staffing

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Goldman Is Cracking Down On Employees That Aren't In Office Five Days A Week

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Firms across the corporate world are meeting resistance from employees to going back to pre-Covid work habits.

Charles Schwab Raising Debt After News Of Job, Real Estate Cuts

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The firm last tapped capital markets in May, selling a $2.5 billion blue-chip bond.

Hedge Fund Woodline Sued For 'Oppressive, Misogynistic' Culture

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The former executive administrator is accusing the firm of discrimination, retaliation and defamation.

Goldman Plans Hiring Spree To Fix Lapses After Increased Fed Scrutiny

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The Wall Street firm is enlisting several hundred new staffers to help address concerns from authorities.

LPL's Top Advisors Earn Three Times More Than Their Peers, Study Finds

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The number one trait of top earners is that they operate like CEOs, the broker-dealer said.

Bosses Dislike Work-From-Home But Suspect They're Stuck With It

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The shift to remote work during the pandemic is enduringly popular with employees.

CFP Board Looking To Speed Up Diversity Efforts

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Women and other minorities have been making inroads in the CFP field, but slowly, the CFP Board's diversity chief says.

SageView Appoints New Leadership

by FA Staff

The executive changes are part of the firm's long-range growth plans, the firm said.

In Wall Street's Hottest CEO Race, Morgan Stanley Hopes For Drama-Free Handoff

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It would break with the industry norm if Morgan Stanley named a new leader without losing those passed over.

Employee Benefits Are Changing With The Workforce

by FA Staff

A new study says employees want more benefits for physical and mental well-being.

Financial Finesse Boosts Portfolio With Minority Wellness Platform

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OfColor focuses on the financial empowerment of employees of color through technology, content and coaching.

Wall Street Is Fighting New York's Ban On Non-Compete Agreements

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New York's law is pitting the interests of technology firms against the entrenched financial industry.

Raymond James Reshuffles Leadership, Folds In Alex. Brown

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Bert White will replace retiring Western Division Director Pat Allison.

Financial Industry In Danger Of Facing An Advisor Shortage, Cerulli Says

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Firms need to hire and retain more young professionals to replace the many advisors nearing retirement, the firm said.

UBS Preparing To Cut Over Half Of Credit Suisse Workforce

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Staffers have been told to expect three rounds of cuts this year.

Wall Street's Intern Pay Is Surging With Citadel At $120 An Hour

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Wages have increased for summer jobs in finance as the industry tries to get talent in the door.

Goldman Sachs Is Cutting About 125 Managing Directors Globally

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The moves are part of a deep cost-savings drive at the bank.

BlackRock Announces Job Cuts Affecting Less Than 1% Of Staff

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The firm said in January that it would dismiss 500 employees, or roughly 2.5% of its global workforce.

UBS CEO Suggests 'Massive Downsizing' Might Come To Credit Suisse's Investment Bank

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CEO Sergio Ermotti has declined to comment on figures for potential job cuts.

Working From Home Becomes A Once-A-Week Perk For Some Office Goers

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Companies are testing what has emerged as the post-pandemic norm of two to three days in the office.

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