Goldman reshuffles management at merchant banking unit-WSJ

(Reuters) - Goldman Sachs Group disclosed the departures of three senior executives from its merchant banking business in the latest top-level reshuffle at the firm, the Wall Street Journal reported on Friday.

Three executives from Goldman Sachs Group's merchant banking business are retiring, in the latest top-level reshuffle at the powerful Wall Street firm.

Three executives from Goldman Sachs Group's merchant banking business are retiring, in the latest top-level reshuffle at the powerful Wall Street firm.

Everyone's talking about the most recent Federal Reserve stress tests. Not because anyone failed, but because all of Wall Street's biggest, baddest banks scored really low. We're talking about banks with trading floors — JP Morgan, Bank of America, Morgan Stanley and Goldman Sachs.

I had a post criticizing John Carney on the topic of bankslaughter. However, I must say I agree with him when it comes to Goldman Sachs. Even more surprising, I largely agree with the Wall Street Journal editorial that Carney links to.

NEW YORK (Reuters) - Bonuses at Wall Street firms will rise 15 percent this year despite ongoing pressure from investors, regulators and politicians about compensation levels, according to compensation-consulting firm Johnson Associates Inc.

Andrew Wilkinson submits: JPMorgan Chase & Co. (JPM) – Bank stocks are rallying this morning after the Wall Street Journal reported the Fed may allow healthy banks to raise dividends. The Fed may release guidelines for assessing whether banks are healthy and strong enough to up dividends or buy back shares as early as this month, according to news reports.