Author Archives: Lori Courtney
Dramatic change in negotiating offer terms is on the way
The new law passed by the NYS Legislature, taking effect this November, will bring about a drastic change in the way Wall Street negotiates offers with candidates. While this is intended to narrow or eliminate the gender pay gap, we foresee some awkwardness as the industry adjusts to a new paradigm in compensation discussions. https://www.nytimes.com/2017/06/13/business/dealbook/job-salary-pay-women-men-wall-street.html?smid=li-share&_r=0
FX/EM Market Moves & Commentary for 2016
2016 started off with a market meltdown led by China and oil prices that shook everyone’s confidence. Currency markets saw extreme moves and the interest rate picture remained highly uncertain. In the meantime, FX Volumes came into the New Year on record lows and all players were concerned about what 2016 would hold. During the […]
FX/EM Market Moves and Commentary for 2015
This was an eventful year bringing some much needed volatility back into the market, although not without consequences. And while FX revenues were strong this year for many institutions, it was not enough to overcome the pressure of dwindling Fixed Income business, higher cost-of capital, continued regulatory pressures and client malaise. With cost cutting being […]
Just Four Global Events Will Determine Investor’s Fates
The fates of investors and traders alike depend on how four politically charged events play out over the next 12 months. James Shinn takes a look at how the interplay of US monetary policy, Chinese economic growth, the European debt crisis and Saudi oil prices are likely to determine the future of the global economy. http://www.institutionalinvestor.com/Article.aspx?ArticleID=2855196&LS=EMS544288
The Wall Street Mind
The Post Crash: Wall Street Won. So why is it so worried?? http://nymag.com/news/business/wallstreet/
Battle of the Titans
Battle of the Titans – For big banks that have long dominated foreign-exchange trading, new competition has them scrambling. http://online.wsj.com/article