Wag the dog: Wall St. bonuses jump in 2013
Brokers better gear up for a rush of new clients. Bonuses paid to employees in the securities industry jumped by 15 percent to $164,530 in 2013, according to an estimate released today by New...
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Wall Street’s short memory: A return to risky mortgages
In a resurgent real estate market, Wall Street is back to its old tricks, weaving together the same type...
Wall Street returns to CDOs, as demand for commercial RE debt grows
Responding to the growing demand for commercial real estate debt, Wall Street is returning to a type of security hardly...
Connecticut leads the U.S. in home price declines
As the financial services industries continue to suffer, federal housing data shows Connecticut has suffered the greatest home price...
Financial firms move more employees off Wall Street
As new types of businesses increasingly descend upon Wall Street, the old guard is beginning to depart. According to...
Luxury Manhattan sales market set to slip following Wall Street’s compensation declines
The high-end Manhattan real estate that has propped up an otherwise stagnant sales market, is likely to begin a decline of its own in...
Along with jobs and compensation, Wall Street’s residential clout also decreases
Wall Street professionals are accounting for less business in the residential sales and rental markets, as banks slash pay...
Wall Street heavyweights weigh bids for Anglo Irish U.S. portfolio
In a sign of Wall Street’s recovering interest in commercial property, banks such as Deutsche Bank AG, Goldman Sachs...
Wall Street reforms hurt home sales in Greenwich, Conn.
A reduction in Wall Street bonuses is having a far-reaching effect on real estate as houses with an asking...
Sales rise for million-dollar U.S. homes
Sales of million-dollar homes and condominiums rose last month in all 20 major metro areas, according to real estate analytics firm DataQuick Information Systems. On average, these cities saw an 18.6 percent increase in...