Here's a little something sent in by one of our readers:
Forget all those rom-coms flogging the likes of Mr Big, or the impossibly up-himself Matthew McConaughey, not to mention the Dolce & Gabbana models bulging out of their boxers. Smart girls know that if you want solid gold, you need a man who’s less than perfect. And there is nothing that holds quite as much promise as an ugly man.
Dating in the financial markets is no task for the faint of heart. It takes a City Girl of steel to navigate the curve balls of investment bankers and their like. Indeed, decades after the feminist movement promised an idyllic world of fairness, it’s become increasingly apparent that when it comes to a financial markets romance, old habits die hard.
The Wall Street Journal reports that outgoing Bank of America CEO Ken Lewis has said that the Merrill Lynch integration is ahead of schedule, and that the company expects to achieve 45% of the planned cost savings by the end of this year, as opposed to the original target of 25%.
The layoff rumours are coming thick and fast now. Frankly, you could probably pick any number of firms and a headcount cut of between 10 - 20% and you probably won't be far off come the end of the year.
The Wall Street Journal reports that pay on Wall Street 'is on pace to break a record high for a second consecutive year'.
Bloomberg reports that Citi CEO Vikram Pandit has signed off on recruiting an 'army', and not everyone appears to be happy about it.
Here's a few things we picked up in the market this week.
Here's an oldie we first published a couple of years back. Might put a smile on your face.
Industry professionals won't have long to wait to get a better idea about the likely size of their bonus pots this year-end.