$125m-A-Year Banker's Wife Says She Was Treated Like 'Mail-Order Bride'

The Daily Mail reports that, in a forthcoming article in Tatler magazine, Diana Jenkins, the wife of Roger (perhaps the highest paid banker in the City over the last decade), claims that she was treated unmercifully be London's society after her 1999 marriage.

Mrs Jenkins, 36, says that she was regarded 'like an Eastern European mail-order bride (she is from Bosnia)', and that the snobbery exhibited by those on the London scene forced her to go live in California. Husband Roger is believed to have earned up to £75m-a-year ($125m) during a long career with Barclays Bank.

In the meantime, back on planet earth, Morgan McKinley's London Employment Monitor has revealed that the number of job vacancies in the City rose by 15% in October over September, but were still some 19% down on October 2008.

Bloomberg reports that the European Union may well try to impose the same pay restrictions on hedge fund managers and private equity firms as it is introducing for bankers. If successful, expect a mass exodus of firms to territories which want those tax revenues.

And, as if to illustrate the point, The Financial Times reports that BlueCrest Capital, one of the UK largest hedge funds, is moving more staff to Zurich, after concerns over high personal taxes and increased regulation.

Reuters reports that Manuel Echeverria, the former head of Banco Santander SA's Optimal Investment Service business in Geneva, has been charged with criminal mismanagement in connection with the $3.1bn the unit is thought to have lost in the Madoff affair. There is no suggestion that the banker was in any way involved in the fraud.

The news agency also reports that Rochdale Securities analyst Richard Bove has said that 'Bank of New York (Mellon) is one of the most compelling stories in the financial sector and one of the worse performing stocks.'. The veteran analyst has a 'buy; rating on the stock and a price target of $42 (it closed Wednesday at $27.52).

Finally, The New York Times DealBook column reports that French bank Credit Agricole has posted a $433m third-quarter profit (down 21%), and confirmed that CEO Georges Pauget is to step down. He will be replaced in March by Jean-Paul Chifflet.

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