Barclays Bank has confirmed that Bob Diamond is to take over as CEO from John Varley 3 months earlier than originally planned.
We need to take some time out from all the moans about the heat, the trains and all those other petty things that annoy us from time to time, to reflect on the tragic events that occurred last Friday afternoon at Citigroup Centre in London's Canary Wharf district.
The Sun is calling it 'Suicide By Hooker', the latest in a string of deaths involving bankers who are said to have become depressed following the loss of their jobs, or problems at work.
The Telegraph reports that Michael Geoghegan, who stepped down as HSBC CEO last week, has been talking about the economic viability of the bank remaining headquartered in London.
Bloomberg reports that UK Prime Minister David Cameron has raised the bonus stakes, describing banks paying big bonuses to staff as 'galling'.
BUSINESS WIRE - JPMorgan has announced major real estate investments in London, including the acquisition of 25 Bank Street in Canary Wharf, which will become the new European headquarters of its Investment Bank in 2012.
Reuters reports that UBS has seen fit to issue a memo to some of its staff to defend the trial dress code it is requiring employees in five of its retail branches in Zurich to adhere to.
Reuters reports that Bank of America is the latest company in corporate America to take a stand against WikiLeaks, after its recent mass release of US diplomatic cables.
We're not sure if CNBC has a hidden camera secreted about the person of Goldman CEO Lloyd Blankfein, but the business news channel appears to be there to witness his every profound statement.
Goldman Sachs Tops Global and US M&A Rankings; Morgan Stanley leads Europe