Credit Suisse Execs Said To 'Slum It' In Rock Star Comfort

The Wall Street Journal's 'Heard on the Street' column reports that senior Credit Suisse bankers, grounded by the ash which has stopped air traffic over much of Europe, are being forced to travel 15 hours in a coach if they need to make the journey from London to Zurich (or vice versa).

But fear not for the wellbeing of these Credit Suisse high-ups, as they are said to be ensconced in the 'luxury double decker', which 'comes complete with beds, a bar and comfortable chairs - as one would expect for a vehicle usually reserved for rock stars on tour'. Nice.

Finally, Bloomberg reports that Barclays is being sued by Singapore-based search firm Pagoda Partners, for a $266,000 fee the recruiter claims it is due for the introduction of Timothy Last, who joined BarCap last year as Managing Director, Head of Equity Derivatives Flow Sales for Non-Japan Asia.

According to the news agency, Barclays has said that it didn't have an agreement to engage Pagoda, and that Last was hired directly after the recruitment firm failed to set-up a meeting.

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