Bloomberg reports that Matthew Courtney, the 27-year-old Freshfields lawyer who fell to his death at the Tate Modern Gallery on February 9th, was talking on his mobile telephone just minutes before he died.
The Financial Times reports that the Goldman Sachs London HQ building in Fleet Street is going on the market.
Financial News reports that Bank of America boss Ken Lewis was awarded $10.8m in restricted stock for his troubles in 2006. This compares to the $11.7m he received in 2005. Full details of his 2006 compensation have yet to be released.
Book Review - 'The Difference: How the Power of Diversity Creates Better Groups, Firms, Schools and Societies', by Scott E. Page.
Credit Suisse has stunned the markets twice today.
Here's a selection of your comments on the story we ran earlier this week following remarks made by Northern Ireland Secretary Peter Hain that City bankers who earned big bucks should give two-thirds of their bonuses to charity:
The Q4 profit league table is now complete. See how your firm performed.
Oh, it's tough to be UBS. A record year in 2006 in terms of profits, and yet shareholders have become concerned about higher costs and the disappointing performance of the bank's fixed income trading unit in the fourth-quarter. Reuters says that traders have also pointed 'to weak trading at its (UBS's) hedge fund, Dillon Read Capital Management, as well as its wealth management arm in the United States weighing on the stock'.
Citigroup's announcement this week that it is to rebrand as Citi was expected. So too was the ditching of the company's umbrella logo (to be replaced by that upside down smile). The umbrella came into the fold when the company acquired Travelers Insurance in 1993. It's now going back from whence it came - sold to St Paul Travelers, the company that Travelers became in 2004.
Bloomberg reports that BNP Paribas has posted a 29% gain in fourth-quarter profits, which came in at $2.26bn. Pretax profits over at the corporate and investment banking unit rose 39% to $1.21bn, 40% of the bank's earnings in the period. The division added around 600 staff to its payroll in 2006, and is expected to be on the hire this year too.