For the 4th year, the brave and the bold have traded their suits and ties for shorts and gloves in the City’s leading charity boxing event, the Hedge Fund Fight Nite, which raises much needed funds for Operation Smile UK – a charity providing free reconstructive surgery to children and young adults all over the world that suffer from cleft lips, cleft palates and other facial deformities.
We found out a couple of months back that JPMorgan CEO Jamie Dimon had been asking fellow CEOs John Thain (Merrill Lynch) and John Mack (Morgan Stanley), among others, not to take avantage of the turmoil surrounding his acquisition of Bear Stearns by enticing away key staff. Well now, according to The Financial Times, Jamie has been personally writing to 'more than 30 clients, rivals and vendors', asking them to consider Bear staff if they have any appropriate open positions.
In 2007, Nomura's Knockout Challenge raised over £25,000 for the NSPCC. This year the event will be run from 12pm - 6pm on Saturday 14th June at The Honourable Artillery Company, Armoury House, City Road, London EC1Y 2BQ.
Not many people outside the industry know, but there are actually recruitment consultants who specialize in recruiting recruitment consultants for recruitment firms (you'd think that the recruitment firms themselves would be able to identify their own talent, but no). Anyway, one such rec-to-rec (as they are called) well and truly shot himself in the foot this week.
It's taken a little time (and a few casualties along the way), but staff are now getting the message about e-mails with inappropriate content - if you 'accidently' come across one in your inbox, don't forward it on. Otherwise you risk the sack.
Ray Ducharme will always remember what he did last summer. It was a life-changing experience. The Charlotte-based Bank of America bond trader was on holiday in Spain in July, when he decided to go native...........
24-year-old Stanislav Shpigelman had it all. Regarded as one of the 'brightest of the best', the former Merrill Lynch M&A analyst had a brilliant academic record, came from a respected family, and had a great career in the financial markets ahead of him. That's all gone now, and Shpigelman must report to a US federal prison in March to serve the 37 months he was sentenced to last week after pleading guilty to insider trading.
Breaking News - Bloomberg reports that Morgan Stanley has confirmed that the parts of a dismembered body found in a Tokyo park last month were those of one of its employees.
Here's a guide to bonus, and bonus discretion, legal loopholes provided by top City law firm Campbell Hooper.
To be sung (as usual) to Band Aid's 'Do They Know It's Christmas'.