Did you know that there's a correlation between the length of women's skirts and the strength of the global economy ?
The Z/Yen Group has published its eighth Global Financial Centres Index covering 75 financial centres. The big change from 6 months ago is that Hong Kong has clearly joined London and New York as one of the 'Big Three' Global Financial Centres.
Here's something of interest we found from author / academic Diane Ravitch.
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.
Ma Sin-chi, a former Deutsche Bank managing director in Hong Kong, was sentenced to seven years in jail for accepting $3.2m in bribes.
Former Goldman Sachs banker Elias Preko was sentenced to four-and-a-half years in prison by a London court on Monday for laundering $5m on behalf of James Ibori, the former governor of Nigeria's oil-producing state of Delta.
Someone's got to pay.