Word: banking
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...Citigroup, Eugene McQuade is running the bank's North American retail-banking operations. McQuade was formerly the head of Merrill's banking operations - a considerably smaller job than the one he has at Citi. Investment banks Jefferies and recent upstart Moelis & Co. have also picked up former top Merrill Lynch bankers. (See the top 10 financial collapses...
Perhaps the feeling of family that used to be felt at the firm formerly nicknamed "Mother Merrill" is the strongest at Deutsche Bank. The German financial-services firm has hired more than a dozen Merrill Lynch bankers, including brothers David, Eric and Seth Heaton. Eric Heaton used to be the treasurer of Merrill Lynch. Many of the other bankers that Deutsche hired were in Merrill's financial-institutions group, which provided underwriting and mergers-and-acquisition advice to other banks and asset-management and insurance firms...
...lifeline at the height of the financial crisis, many former Merrill Lynch executives have ended up in what most of us would consider to be lucrative jobs. Last June, top Merrill Lynch investment banker George Young was hired by Lazard to be a vice chairman of its U.S. investment bank. Lazard paid its employees an average of $505,000 in 2009, slightly more than Goldman Sachs. Young, most likely, got considerably more. Thain, for his new job, will be getting an annual salary of $6 million, of which $500,000 will be in cash and the rest in restricted stock...
...October, Faust announced an initiative supporting students volunteering at the Greater Boston Food Bank, and the Harvard Kennedy School has been working with the White House to improve graduates’ job prospects in Washington...
More than sanctions, International Criminal Court threats, or World Bank and United Nations action, today businesses can do the best job of advocating for human rights. In acting on this principle, Google demonstrates its commitment to a fairer world. It has shown that besides selling a highly effective search engine, it can also sell egalitarian ideas...