The place to be ?
And the winner is..
'Rules and regulations are killing this business'.
But accepted a big salary rise instead.
It's not all doom and gloom.
House husbands are in.
Former Goldman Sachs Group trader Matthew Taylor was sentenced to nine months in prison for concealing an unauthorized $8.3bn trading position in 2007 that caused the bank to lose $118m.
The Swiss National Bank on Thursday urged UBS and Credit Suisse to improve their capital and leverage ratios, which it said would be a key focus in the event of a crisis.
The Securities and Exchange Commission has charged Merrill Lynch with making faulty disclosures about collateral selection for two collateralized debt obligations (CDO) that it structured and marketed to investors, and maintaining inaccurate books and records for a third CDO.
SAC Capital Advisors may curtail dealings with Deutsche Bank because the lender pulled a credit line after the hedge-fund firm was accused of insider trading, the Wall Street Journal reported.
The BRIC era is coming to an end at Goldman Sachs.
Ashok Aram, who heads Deutsche Bank in the Middle East and Africa, will expand his role to take charge of Europe as the bank reduces its global coverage to five regions from seven.
Barclays have announced that Sir Gerry Grimstone has been appointed as their non-executive Director with effect from 1 January 2016 and will succeed Sir Michael Rake as Senior Independent Director and Deputy Chairman with effect from 1 January 2016.