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Tag: Standard & Poor’s 500 Financials Index

US set to tighten scrutiny of CEO pay versus staff salary

Public companies would be required to disclose how much more their chief executives are paid than rank-and-file workers under a rule to be proposed next month by US securities regulators, according to two people familiar with the matter. ...

Charge buoys bonus blues

Impressive second-quarter Wall Street revenue a boost to bankers and traders accustomed to annual profit plunge. ...

Morgan Stanley said to cut 10% of commodities jobs

Morgan Stanley said to cut 10% of commodities jobs after the unit's past two quarters revenue worst in 18 years. ...