One joke that really wasn't very funny.
The Financial Industry Regulatory Authority (FINRA) has announced that it has fined Goldman Sachs $22m for failing to supervise equity research analyst communications with traders and clients and for failing to adequately monitor trading in advance of published research changes to detect and prevent possible information breaches by its research analysts.
The controversial £5.7m "tax equalisation" cost to relocate Bob Diamond from New York to the Canary Wharf headquarters of Barclays Bank is even more complex than it first appears.
It's tough out there - very, very tough.
But they might not be who you'd expect.
US energy regulators have alleged Barclays and four former electricity traders manipulated the California power markets more than three years ago.
Economist Gary Shilling spoke about the outlook for the U.S. economy with Bloomberg Television's Adam Johnson and Stephanie Ruhle Wednesday, and said that he believes that the S&P 500 will drop 43% from its recent level this year.
Here's a few links to some interesting Bloomberg, Independent, Reuters and Telegraph stories currently doing the rounds.
Recruitment firm Michael Page International has warned that the UK banking sector remains 'particularly depressed' and sees no end to the hiring freeze at many financial firms.
It is there in black and white for any one who takes the time to read the terms under which Bob Diamond was appointed chief executive of Barclays bank.
Global debt capital markets activity falls 5%.
Point72 Asset Management, the personal management firm of billionaire Steve Cohen, logged another strong quarter, according to early reports.
A leading member of Germany's Bundesbank has backed U.S. calls for unregulated "shadow banking" to be subjected to stress-testing.