A Wall Street blog carried an item yesterday about the health of Wall Street investment banking legend Bruce Wasserstein. Wasserstein is the CEO over at Lazard, and has been described as the 'leading investment banker of his generation'.
Trader Monthly has compiled a list of the best trading talent under 30.
The Times 'City Diary' has apparently heard rumours that Icap boss Michael Spencer is thinking of taking a majority stake in Championship soccer club Ipswich Town.
Two interesting stories currently doing the rounds.
Think-tank the Centre for Economics and Business Research (CEBR) has slashed 3,500 from its 2006 London financial services job forecast. The unit is still, however, predicting a 12,000 year-end increase on 2005, taking financial services job levels to a record high of 335,700.
We've all seen the growth in on-site recruitment desks, especially in Europe, over the last few years. Love 'em, or hate, they seem destined to stay. But whilst these desks have traditionally restricted their activities to contingency recruitment, some banks are looking at partnering with these firms on 'search' too, especially for jobs just below the normal headhunting threshold.
The Times reports that Lazard has kicked into touch its European private equity arm - before the two-year old team has done a single deal. Most of the small team are thought to have already left the firm.
A huge billboard on Houston Street in New York looks like it's carrying a message, in big lettering, from an angry wife to her unfaithful (soon-to-be-ex) husband.
Morgan Stanley CEO John Mack will be interviewed by US regulator The Securities and Exchange Commission (SEC) in order to put to rest claims that he was in any way involved in any insider trading allegedly undertaken by hedge fund Pequot Capital Management, where he was CEO briefly in 2005.
The 'NatWest Three', David Bermingham (43), Giles Darby (44) and Gary Mulgrew (44), will have to remain in the US pending their trial in Houston on charges related to the fall of Enron.