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’Goldman round-up
Here’s what we hope could be a helpful collection of analysts’ comments on Goldman Sachs third-quarter results.
The major takeaway is that there’s still a reasonable amount of concern about whether the bank can continue its strong performance in places like Fixed Income Currencies and Commodities.
Musings on regulation and risk, from the Morgan Stanley CFO
They are helpfully contained in this note by UBS analyst Glenn Schorr, who met up with the Morgan Stanley man for a tête à tête over the bank’s outlook.
Here are some excerpts:
We recently met with Colm Kelleher,
Bankers vs ballers, by Bove
Confirming what everyone in the UK — land of the obscenely paid footballer — already knew, veteran banking analyst Richard Bove has authored a piece of research illustrating that bankers do not make as much as those in professional sports.
Salaries from a bygone era
Bankers Ball has just published its first ever Wall Street salary and compensation report. Talk about bad timing.
The IB lifestyle site is fully aware of the irony though, having titled the survey results:
Pandit: marked to market
And the result is…
Feb. 11 (Bloomberg) — Citigroup Inc. Chief Executive Officer Vikram Pandit said he will take a salary of $1 and no bonus until the bank, which has accepted $45 billion in government bailout money,