Here's the overview from Thomson Reuters and Freeman Consulting Services 'Outlook for Investment Banking Services'.
But remember - the more cash that can be saved, the more staff will be spared the axe.
Here is 11 of America's highest paid CEO's according to Forbes magazine's latest list, published last week. And not a banker among them!
New York – Citigroup Inc. has reported net income of $3.8bn, for the third quarter of 2011, which was 74% higher than the prior year period and 13% above the second quarter 2011.
Bank of America Merrill Lynch has announced that it was named the Most Innovative Investment Bank from North America, for the second straight year, in The Banker magazine's 2011 Investment Banking Awards.
The problem in this market is that it's often difficult to separate fact from fiction. In times of uncertainty, rumour and speculation thrives.
Although bankers have been told to keep their thoughts about movements like Occupy Wall Street to themselves, many are not too reticent about expressing their thoughts in private.
All the firm needs now is another back street driver - but it's got one.
Here are a few links to some interesting BBC, Bloomberg and Reuters stories currently doing the rounds.
Lloyds Banking CEO Antonio Horta-Osorio is among Standard Chartered shareholders’ preferred candidates to take the bank’s top job, according to two people with knowledge of the matter.
Deutsche Bank swung to a profit after legal charges dropped and the investment bank posted fourth-quarter earnings that exceeded analysts’ estimates on higher trading revenue.
Nomura's profit unexpectedly surged to the highest in almost two years, upending analysts’ estimates for a decline as fees from investment banking and asset management rose.