Thursday's Headlines: Jefferies Sees Growth in Credit Derivatives

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Jefferies is making a push into credit derivatives. [WSJ]

Wall Street's boutique firms stand to land more takeover deals after a recent ruling. [Bloomberg]

Cash bonuses for New York City financial-sector employees reached $20.8 billion in 2010. [WSJ]

Goldman Sachs tripled Lloyd Blankfein's salary after he opposed firm-wide raises.

[Bloomberg]

Wealth manager First Republic Bank is expanding its entertainment banking business in California. [Businesswire]

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