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.
Former Citi investment banker Michael Klein - the man they call 'the investment bankers' investment banker'.
The bonus pot is down, but certain senior staff at this firm look like they're getting a little extra for their work in 2011.
Barclays CEO Antony Jenkins’s patience is being tested by the investment bank.
The Bank of England remained on collision course with Europe over the bonus cap as a consultation was launched that would rule out the use of top-up payments to side step the clampdown on City pay.
Bank of America’s Scott Bacigalupo, head of Americas cash equity sales and trading, has become the second senior Merrill Lynch stocks veteran to depart the firm in a week.