The people with the strongest grasp of a company's finances need to be part of the business's strategic thinking from the ground up. The world is changing too fast, and economic uncertainty is too great, to leave finance officers out of executive decision-making.
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Lloyds Banking Group will reduce the bonuses of several top executives following an insurance misselling scandal that resulted in hefty compensation to customers, a person familiar with the matter said.
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A new study found that impressions taken from Facebook profiles correlate to job performance.
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Financial-industry executives around the world are grappling with the new realities of pay and spending. Volatile markets, weak economies and new regulations are crimping profits—and putting workers at all levels in a squeeze.
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Not many of us are 6-foot-3 Harvard graduates who can play at the level of professional basketball. That hasn't kept career coaches, along with t-shirt, sneaker and other tchotchke-makers, from cashing in on the Jeremy Lin phenomenon at the New York Knicks.
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As investment-banking refugees look to the stability of corporate finance, landing a corporate or commercial banking position is becoming more competitive. Getting past the hiring gatekeeper now requires a resume that's not entirely focused on finance.
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A University of Southern California researcher found insomnia, alcoholism, heart palpitations, eating disorders and an explosive temper in some of the roughly two dozen entry-level investment bankers she shadowed fresh out of business school. Every individual she observed over a decade developed a stress-related physical or emotional ailment within several years on the job, she says in a study to be published this month.
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A recent study found that CEOs spend about a third of their workweek in meetings. Here are six ways to help make sure a meeting is productive.
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You know the feeling. That co-worker of yours has been driving you nuts all day with constant chatting. Or perhaps it's a subordinate who can never get it right. Or maybe that last demand from an unreasonable boss. So one day, you lose it.
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Lazard's bottom line was hit hard by the weak M&A market last quarter. But that hit did not extend to its bankers, thanks to Lazard's bet on a big 2012.
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