The Royal Bank of Scotland has sold its aircraft leasing business in a deal worth around $7.3bn.
Nothing perhaps illustrates the difference between those firms near the top of the banker bonus pecking order, and those near the bottom, than this:
By Gemma Murray, solictor, Russell Jones & Walker
The hedge fund industry faces challenges in 2012, but also a year of significant opportunity, according to a Barclays Capital report, The Money Trail, released today.
In case you missed them, here's last week's top stories.
There's a lot riding on the next few weeks.
And it's not that bad - although will probably all go downhill from here.
2011 was a stressful one for the city. The downturn in the economic climate meant thousands of job cuts and money worries, which affects all areas of your life.
Here's a few links to some interesting Bloomberg, CNBC and Reuters stories currently doing the rounds.
Goldman Sachs generated about $10bn over the last five years from investments in funds, holdings that the firm is required to scale back because of the Volcker Rule.
Sir Howard Davies, the former City regulator heading the government’s airport commission, has emerged as a lead candidate to be the next chair of Royal Bank of Scotland.
Morgan Stanley today announced the launch of its Healthy Cities programme in London, following the success of the Healthy Cities programme launched across three cities in the US in 2014.