'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.
Liverpool have been linked to Arsenal ace Alex Oxlade-Chamberlain.
Liverpool have replaced Southampton as early favourites to sign Manchester City's Gael Clichy.
Liverpool are expected to be highly active in the summer transfer window.
Newcastle United are among the favourites to sign the Watford man this summer.
Rangers boss Pedro Caixinha is said to desperately want the striker at Ibrox, and could have the upper hand over Derby County.
Newcastle United are reportedly pushing to sign Burnley striker Andre Gray.
The Tottenham Hotspur midfielder will have to be even more patient for another run-out.
Newcastle United are reportedly contenders to sign Michy Batshuayi.
Leeds United defender Pontus Jansson has been linked with a move to Southampton in recent times.
Hearts' Callum Paterson and Aberdeen's Ryan Jack could both move to Rangers on free transfers this summer with Pedro Caixinha reviving his squad.