Now here's an interesting one.
It's a conspiracy.
William Cohan, author of Money and Power: How Goldman Sachs Came to Rule the World and a Bloomberg View columnist talks about JPMorgan Chase & Co. trader Bruno Iksil's strategy in credit derivatives and possible risks to the financial markets.
A row over the £17m pay package for Barclays chief executive Bob Diamond and a decision by the bank to pay his £5.7m tax bill escalated on Monday after it emerged that the advisory body Pensions Investment Research Consultants (Pirc) was recommending its clients vote against the proposals and the chair of the remuneration committee, Alison Carnwath.
Imagine the scenario. You're sitting round with fellow students and one of them announces: "I've worked out what I want to do with the rest of my life. I want to join a big investment bank."
Here's a Thomson Reuters Q1 M&A league table.
Here's a couple of Thomson Reuters Asia-Pac M&A league tables.
Drip, drip, drip.
Public anger over the Barclays boss Bob Diamond's £17m pay package may prompt a shareholder rebellion, with several institutional investors reportedly set to vote against the bank's pay regime.
Here's a few links to some interesting Bloomberg, CNBC, MarketWatch, New York Times and Reuters stories currently doing the rounds.
Standard Chartered missed analysts’ first-quarter profit estimates, with all but one division reporting lower earnings in the period.
Alliance Trust, one of the UK’s oldest investment firms, has reached an 11th-hour compromise with its rebel investor Elliott Advisors, which had been pushing for change at the company.
The standoff between Greece and its creditors has spawned another bit of rivalry: the battle among analysts to coin the latest buzzword for the painfully protracted drama.