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Recruiter says gap in trader pay has never been wider; investment banks deny that means the best traders are jumping ship.
The final rule, due out next week, may affect up to 18 percent of revenue at the five largest Wall Street firms.
In a Senate hearing today, Janet Yellen indicated the Fed may impose new rules on banks that own and trade in physical commodities
Platform will offer two sessions a day amid effort to add liquidity to the market for corporate debt.
Harvey Schwartz takes over as finance chief as bank's business model is called into question.
Harvey Schwartz to succeed David Viniar as finance chief in January.