By David Bermingham
Here's two quick items with a Goldman connection.
Here's a few links to some interesting Bloomberg, CNBC, New York Times and Reuters stories currently doing the rounds.
The Financial Services Authority (FSA) has fined Coutts & Company (Coutts) £8.75m for failing to take reasonable care to establish and maintain effective anti-money laundering (AML) systems and controls relating to high risk customers, including Politically Exposed Persons (PEPs).
Standard Chartered's eight highest-paid bankers outside the boardroom took home a combined $53m (£33m) in 2011, when the bank reported its ninth year of record profits.
'The 39 Steps' is the hilarious comedy based on the 1935 Hitchcock spy film with four actors playing a minimum of one hundred and '39' roles!
A Russian banker is in a coma after being shot several times as he walked into his London home in the shadow of Canary Wharf.
Not Hillary Clinton. Not Larry Summers. Not Jeffrey Sachs or John Kerry.
Heard the one about the former Goldman IT professional who gave a press conference Thursday wearing a 'Scream' mask, and who claims that he only wants the firm to treat him as a human being ?
Or is UBS Investment Bank really starting to get its act together ?
It has become a familiar pattern: The computer system of a big American company is breached, the personal information of tens of millions of customers is stolen and a public outcry ensues. Rarely are the thieves caught.
John Whitehead, the late Wall Street banker who led Goldman Sachs’s expansion overseas, was also an avid art collector who owned works by Claude Monet and Amedeo Modigliani.
Nomura will defend claims by a U.S. regulator that it sold defective mortgage-backed securities to Fannie Mae and Freddie Mac before the 2008 financial crisis, becoming the first bank to take such a case to trial.