Facebook has indicated it will price itself at between $28 and $35 a share, paving the way for the world's largest social networking site to reach a giddying valuation of almost $100bn when launches its stock market sale in two weeks.
Call it Thunderous Thursday: 54% of shareholder votes were cast against Aviva's pay report; at the Swiss bank UBS, 37% voted against pay proposals; and the satellite firm Inmarsat suffered a 40% revolt. Shareholders – after years of supine behaviour – are sending a loud message that the soaraway boardroom pay at underperforming companies must be confronted.
On offer to the lucky winner of our latest Best Loved Hotels-sponsored competition is a two night break away for two at the Lake House Country House in Wales. The prize also includes dinner for two on one of the nights.
No-one is ever 100% secure, but some firms appear to be more secure than others when it comes to keeping your job.
Well, maybe not glad, but certainly not in any way bothered.
Japan's economic collapse twenty years ago caused chaos in the banking system. Analysts at the investment banking arm of Barclays are now pointing to similarities between the fate of European economies and their banks.
Standard Chartered staff embarked on a 250 mile bike ride Thursday morning, in aid of Seeing is Believing, the Bank’s global charitable initiative to tackle avoidable blindness.
The Boston Consulting Group has published an interesting report on the future of capital markets and investment banking called 'Tough Decisions and New Directions'.
UBS is not home and dry yet, but the future's looking a lot brighter.