The Financial Times reports that banks with big capital markets businesses look set for another tough quarter, meaning that job losses in the coming months are all the more likely.
Bloomberg reports that hedge fund industry group The Alternative Investment Management Association (AIMA) are to meet with UK securities regulators in a bid to receive exemptions from tough new EU compensation rules.
Here's the latest on the 'Movers & Shakers' front.
It had to happen.
The Wall Street Journal reported in July that Goldman Sachs had told its staff that they should avoid expletives when communicating with colleagues / external parties via e-mail.
The Independent reports that JPMorgan looks set to ditch its plans for the construction of that new $2.34bn European HQ in London. Instead, the newspaper reports, the firm could move into Lehman's former EMEA home on Bank Street, Canary Wharf.
The Vancouver offices of TD held the bank's 12th Annual Dunk Tank for Children's Charities this week, an event that has raised more than $1 million in British Columbia over the last decade.
Here's last week's Thomson Reuters Investment Banking Scorecard.
Morgan Stanley turned 75 Thursday.
Goldman Sachs has been sued by three former female employees, who claim that the 'violation of its (the firm's) female employees' rights are systemic, are based upon companywide policies and practices, and are the result of unchecked gender bias'.
It's all his fault.
A jury of seven women and two men in 2011 accepted the banker's wife planned to drug her husband with a milkshake before bludgeoning his skull with a lead ornament while he was unconscious on their bed.
Fortune's annual list is filled with executives who defied expectations (buying a newspaper, leaving luxury for Apple), executed big turnarounds, and delivered stellar results for their shareholders.