'Mack's back', the cry went up in June 2005 when the news that former Morgan Stanley CEO John Mack was returning to the fold as top man. Dozens of senior bankers and traders had left in the weeks before Mack's return, and staff morale was at its lowest ebb.
The New York Post reports that Dutch firm ABN Amro is to take 140,000 square feet over three floors at 7 World Trade Center in Lower Manhattan.
Here are the results of our 2006 'Bonus Expectation' survey:
The Financial Times reports that Fidelity Investments is to pay $42m to its mutual funds following an internal probe over improper gifts provided to some of its traders. John Martin, the former New York judge who headed up the probe, said that although is wasn't possible to quantify exactly how certain of the trader's subsequent actions resulted in higher costs to the funds, it was clear that 'certain traders had misdirected order flow'.
The Times reports that Brazil, China, India and Russia were the four best performers among the major stock markets over the last year.
'I work in a fairly senior role at a firm in the City, and find this feeding frenzy surrounding $100m bonuses obscene - and depressing.
Bloomberg's Mark Gilbert has had a bit of fun. Looking at the 'personality' of various firms, he has matched them with who he thinks they are most like on the pop star front. (We've also added a few of our own at the suggestion of readers).Here's the list:
Bloomberg reports that Lloyd Blankfein, the Chairman and CEO over at Goldman Sachs, is 'eligible for an $87m bonus this year'.
According to research firm Dealogic, Citigroup topped the league table for fees for advising on private-equity deals in the Asia Pacific region last year. The firm earned $85m, and was followed by Nomura ($50m), and Credit Suisse ($43m). Citi is also favourite to top this table again in 2006, after getting off to a flying start to the year.
Here's the top 40 bosses as voted by our readers in our 2006 'Boss of the Year' poll.
Tottenham Hotspur were beaten 3-2 by Roma, with Kevin Wimmer struggling to impress.
Leeds United continue to be linked to deals involving Cultural Leonesa
Simon Jordan has not been endearing himself to Liverpool supporters.
Should Liverpool move for Renato Sanches?
Leeds United are still being linked with a move to sign Bologna defender Filip Helander.
The Bayern Munich youngster would be an exceptional signing for Liverpool.
West Ham United have signed Joe Hart and Javier Hernandez among other players in the summer transfer window.
The AC Milan hitman would be a wonderful acquisition for Everton.
Former Ajax youngster Boban Lazic appears to be on trial with Leeds United.
Leeds United appear to be considering a surprise move for Boban Lazic.