GOLDMAN SACHS

Wall Street bonuses jumped 17 percent last year

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Wall Street paid out $20.3 billion in bonuses in 2009, up 17 percent from a year earlier, New York State's comptroller said, as the financial industry recovered fitfully from a near meltdown.

NY says Wall Street bonuses up 17 percent

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Wall Street paid out $20.3 billion in bonuses in 2009, up 17 percent from a year earlier, New York State's comptroller said, as the financial industry recovered fitfully from a near meltdown.
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Wall Street recovery prompts Fed tightening

The Federal Reserve has continued to target its liquidity withdrawal for the banking system as conditions improve for Wall Street and prominent hedge funds take huge positions in financial institutions.
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SocGen eyes better 2010 after Q4 disappoints

Societe Generale expects results to recover in 2010 with lower bad risk write-downs after posting weak fourth-quarter results and rattling markets last month with a profit warning.
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Ex-Goldman programmer pleads not guilty to theft

A former Goldman Sachs Group Inc computer programmer pleaded not guilty on Wednesday to charges he stole code from the bank's lucrative high-frequency trading platform before leaving for another company last year.
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Barclays profit tops $18 billion

Barclays Plc beat forecasts with a near doubling of profits in 2009 to 11.6 billion pounds ($18.2 billion), cheering investors with an improved balance sheet and boosting shares across the sector.
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Volcker: Choice is prop trading or bank charter

President Barack Obama's economic adviser, Paul Volcker, said his proposed banking rules would force Goldman Sachs and other banks to give up their bank charters if they want to continue proprietary trading.
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Business Council CEO survey finds U.S. hiring wariness

Top U.S. executives say their companies are moving out of the defensive position they adopted during the recent worldwide downturn and are aggressively planning to grow, according to the latest semiannual survey by the Business Council.
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Goldman CEO Blankfein will see better paydays

Time, prosperity and short memories could allow Goldman Sachs Group Inc to slowly ratchet up bonuses for its top executives, but analysts believe the days of mega payouts are probably gone for good.
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Big banks lined up for $10 billion AIA IPO: sources

American International Group has lined up all the major investment banks to underwrite the public listing of its Asian life insurance unit, in what may be Hong Kong's biggest IPO since 2006, banking sources said.
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Paulson, Buffett say US needed tough medicine

Former Treasury Secretary Henry Paulson and billionaire investor Warren Buffett, from different sides of the political spectrum, expressed support on Tuesday for the U.S. government's aggressive steps in 2008 to keep the nation's banks and economy from a complete meltdown.
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Paulson, Buffett say U.S. needed tough medicine

Former Treasury Secretary Henry Paulson and billionaire investor Warren Buffett, from different sides of the political spectrum, expressed support on Tuesday for the U.S. government's aggressive steps in 2008 to keep the nation's banks and economy from a complete meltdown.
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CIT sets John Thain's salary at $6 million a year

CIT Group Inc said its new Chief Executive John Thain will get an annual base salary of $6 million, most of which is in stock, and a bonus of up to another $1.5 million, in a nod to compensation practices popularized by the Obama administration's pay czar.

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