The news that Goldman Sachs is the latest firm (after JPMorgan) to cut its compensation pot in the first three-quarters of 2010 by around 'only' 30% has been met by predictable cries of outrage against the industry from the uninformed, bandwagon-jumping politicians and ne'er-do-wells.
Here's the latest in our series of 60 second interviews, and under the spotlight is Geoff Fawcett from Hays Financial Markets.
The results from Thomson Reuters & Freeman Consulting's survey of companies worldwide reveal a positive outlook for investment banking in 2011.
BBC News reports that British banks 'are in talks about collectively reducing the amount they will award in New Year bonuses'.
Bloomberg reports that UBS 'had the lowest revenue from sales and trading in the first 3 quarters of this year (compared with eight main competitors), and was the only one to report a third-quarter pretax loss at its investment bank'.
Here's some excerpts from a Bloomberg TV interview with 'Black Swan' author Nassim Taleb (full video to the right).
Here's the latest from our Jobtalk and Market Maker blogs.
Spare a thought for the UBS salesperson who inadvertently sent out an e-mail to clients which included details of the General Motors (GM) IPO.
Here's Thomson Reuters Investment Banking Weekly Scorecard.
Here's the latest from our Highly Placed Professional.