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NEW YORK -JPMorgan Chase, the nation s largest bank, posted
stanley cups a record profit for 2011. That didn t translate into a bigger bonus for CE
stanley cup O Jamie Dimon. Morgan Stanley s latest quarterly results topped expectations as the bank trimmed costs and cleaned up problems dating from the financial crisis. But CEO James Gorman saw the value of his stock awards for the year fall by half.Across their ranks, Wall Street banks are curbing bonus pay for last year s performance, which was marked by big drops in stock prices and still-hefty costs for mortgage-related problems. In the last three months of the year, fear about the European debt crisis made the stock and bond markets volatile, and clients of all the major banks shied away from mergers and acquisitions and public offerings of stock. That sharply reduced investment bank
stanley cup ing and underwriting fees. The banks also faced a surge in populist anger, as the Occupy Wall Street movement went national.Financial stocks were some of the worst performing in 2011. While the SP 500 Index finished the year flat, Morgan Stanley shares plunged 44 percent, JPMorgan dropped nearly 22 percent and Goldman Sachs Group Inc. tanked 46 percent.Compensation followed the downward trend. In a closely watched and politically charged gauge, JPMorgan Chase Co. revealed earlier this month that it set aside 36 percent less than the year before to pay its investment bankers. Morgan Stanley shed 700 workers last year and capped the amount that workers can get Lzrn What animal do you think might be as smart as a human
Remember how Neim
stanley cup an Marcus revealed that hackers accessed credit card info for brick-and-mortar store customers Turns out, during the eight-month period when hackers were snooping around the company system, they set off nearly 60,000 security alerts. That seems like a lot of pop-ups to casually dismiss.
https://gizmodo/now-neiman-marcus-customers-credit-cards-have-been-hac-1 stanley kubek 499254176 BloombergBusinessweek says the internal company investigation into the hacking attack reveals that the card-stealing software hackers used was automatically deleted from the point-of-sale payment register system at the end of each day, sometimes triggering hundreds of alerts in the process. After four months
stanley termosar of lurking, hackers were able to steal credit card data undetected from July through October of 2013. So how did all these alerts go unheeded Well, for a system this size, 60,000 alerts over a period of months only adds up to about one percent of daily log entries, Neiman Marcus spokeswoman Ginger Reeder told Businessweek. What more, Reeder says the hackers gave their malicious software a name nearly identical to the official payment software, making it tough to distinguish suspicious activity from false positives, the report states. Perhaps even more perplexing: Neiman Marcus system could have been set to automatically block the malware as soon as it detected anomalous activity鈥攂ut that feature was turned off because it was hampering legitimate maintenance progr