A 10 percent rise in bonuses for Wall Street securities industry participants reflects how trading firms were able to overcome the pandemic-related challenges of 2020, says Thomas P. DiNapoli, comptroller for the state of New York, via his annual report upon payments made to employees beyond their salaries. However, trading firms have been relying on… Read More >>
Is It Time to Spend Your Bonus on Holiday Gadgets?
(Editor’s note: As part of an ongoing series on gadgets that Wall Street folks may want to spend their money on, we offer the following list of items, selected from Pepcom’s recent “Wine, Dine & Demo!” event in New York where a wide variety of state-of-the-art consumer gadgets and services were on display. We wanted… Read More >>
Middle- and Back-Office Pay Edges Upward
Base salaries and bonuses in the middle- and back-office are continuing to edge closer to the pay packages of those in the front office, a trend that’s been unfolding ever since the financial crisis. However, large discrepancies remain among banks for middle- and back-office wages, a new report finds. Salary benchmarking site Emolument.com recently released… Read More >>
Digital Gadgets II: From Digital Homes to Smartphone Parties
Digital gadgets and services are amazing. The things that ordinary humans can do with state-of-the-art tablets, laptops, smartphones, videogames, toys, and consumer electronics is clear evidence that consumer-oriented technology is in control. This was evident at the recent annual Spring showcase, DigitalFocus, put on by Pepcom. The event lets the denizens of the trade and… Read More >>
It’s Digital Gadget Season Again
Spring is here and summer isn’t too far off. With the change in weather comes a change in mood, and over the next few months you can be sure folks (even those in the post-trade Ops world) will soon be cutting loose, hitting the beach and maybe even splurging on a few fun gadgets, because… Read More >>
