Back by popular demand, we have brought back our 'Missing' Bankers feature.
Bloomberg reports that Wall Street's top five CEOs walked off with over $151m in comp between them last year. Nice work if you can get it.
Reuters reports that disgruntled Deutsche Bank cleaners gathered outside the bank's HQ building in London Wall Thursday to protest about their low wages.
Gay banking executive Peter Lewis was fired by HSBC Investment Bank after he allegedly committed a lewd act in the firm gym. He is suing his former employer for $8.7m, as he claims that he was sacked just for being gay.
Merrill Lynch has had a bad few days on the fines front. The Wall Street firm has been rapped across the knuckles twice, and will have to fork out millions of dollars over e-mails and a call center.
Hot on the news that JP Morgan plans to have 20% of its investment banking staff based in India by the end of next year, and the rumour that Credit Suisse's investment banking division (previously CSFB) is mulling over offshoring 5,000 jobs to lower cost locations in the next few years, we asked you for your views on offshoring. Here are some of your shouts:
Goldman Sachs broke all the records this week when it posted its fiscal first-quarter profits. Earnings were up an incredible 64% at $2.48bn.
Bear Stearns, the sixth-largest securities firm, posted record first-quarter earnings Thursday. Profit exceeded analyst estimates by nearly 20%, and came in at $514m, up 36% on the same period 12 months ago.
Here's one for all you boss-watchers.
Shares in French bank Societe Generale rose 2.3% Friday, after rumours swept the market that Citigroup had contacted French authorities, seeking permission to make a move.