Tuesday's Headlines: Bank Trading Moves To Commodities
U.S. banks are replacing lost revenues in areas such as fixed income by growing their commodities trading. [Financial News]
JPMorgan Chase boosted the stock payout to Chief Executive Officer Jamie Dimon's operating committee by 14 percent last year. [Bloomberg]
A new study indicates strong job growth in corporate banking and areas in private equity such as energy and clean-tech offerings.
Nearly 40 percent of IT contractors think the financial services sector will create the most IT jobs over the next 12 months.
Former Indiana Sen. Evan Bayh has joined the New York private equity firm Apollo Global Management. [Boston Herald]
MBA job postings were up 70 percent in December. [Bloomberg Businessweek]