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Hiring a good-looking CEO

Brad Pitt Pic

Attractive chief executives (CEOs) receive higher total compensation, better returns on their first days on the job and boost stock performance when they appear on television, according to the preliminary findings of a new study.

RBS settles bonus dispute

RBS building

Royal Bank of Scotland has settled lawsuits with Gary Cottle, the former head of risk at its investment banking division, over a $1.2m bonus.

Citigroup pays $250m to settle

Citi Building Sign

Citigroup paid $250m to taxpayer-owned Fannie Mae and Freddie Mac to settle a lawsuit over soured mortgage securities, the regulator of the two housing finance firms said on Thursday.



Wall Street

Top 10 books about bankers

I wanted to write a book about bankers because finance seems to have replaced politics, with democracy beginning to feel like a system that allows voters to decide which politician gets to implement what “the markets” dictate.