Glencore, Xstrata, Materials Lead M&A
Here's a few links to some interesting Bloomberg, CNBC, New York Times and Reuters stories currently doing the rounds.
U.S. Attorney General Eric Holder, Department of Housing and Urban Development (HUD) Secretary Shaun Donovan, Iowa Attorney General Tom Miller and Colorado Attorney General John W. Suthers announced today that the federal government and 49 state attorneys general have reached a landmark $25 billion agreement with the nation’s five largest mortgage servicers to address mortgage loan servicing and foreclosure abuses.
Here's another of those sorry would-be intern emails that has been doing the rounds on Wall Street during the last few days.
Here's the lastest on the bonus front.
Mixed news over at Credit Suisse.
Here's some market information concerning a number of firms.
Here's something from The Daily Telegraph.
And here's our latest 60 Second Recruitment Interview.
Here's a few links to some interesting Bloomberg and New York Times stories currently doing the rounds.
Herve Falciani, who took a trove of data from HSBC that spawned investigations of extensive tax evasion by the bank’s clients, said he also has proof senior managers knew about the practices.
Credit Suisse took a provision of $290m for mortgage-related litigation just days after the U.S. Justice Department fined Morgan Stanley.
Ashish Thakkar, who co-founded African banking venture Atlas Mara along with former Barclays group chief executive, Bob Diamond, says they are planning a major push into mobile banking in Africa, as their aggressive takeover strategy continues.