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Investment bank outlook weighs on Credit Suisse

ZURICH (Reuters) - Credit Suisse's <CSGN.VX> investment bank drove a one-third jump in quarterly group profit, prompting investors to worry that a heavy reliance on fixed-income trading could hurt the lender if interest rates rise.Full story

News Summary: Morgan Stanley's 2Q earnings jump

BUYBACK SURPRISE: Morgan Stanley said Thursday that it plans to buy back up to $500 million of its own shares, a pleasant surprise to investors. The stock jumped more than 4 percent. Full story

Goldman Sachs Earnings Are Set to Soar

Analysts expect Goldman Sachs earnings to rise dramatically, but will the good times last? Full story

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Credit Suisse buys Morgan Stanley's European wealth arm


  Wall Street's 'Hedgehunter'

Ilana Weinstein, Founder & CEO of IDW Group, discusses bonuses and compensation at Wall Street's top investment banking firms and who's hiring at hedge funds.