Thursday's Headlines: Jefferies Sees Growth in Credit Derivatives
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.
Wealth manager First Republic Bank is expanding its entertainment banking business in California. [Businesswire]