The Financial Services Authority (FSA) has decided to fine David Einhorn, owner of the prominent US hedge fund Greenlight Capital Inc (Greenlight), and his fund £7.2m for engaging in market abuse in relation to an anticipated significant equity fundraising by Punch Taverns Plc (Punch) in June 2009.
As part of the Future Leadership Development Programme, students in their penultimate year of university could be offered the opportunity to join Barclays Retail and Business Banking division for six weeks from 18 June to 27 July 2012.
The picture is the same across Europe.
In other words, chop heads.
Here's 5 reasons why this firm can get away with cutting investment banking pay.
Here's a few links to some interesting Bloomberg and Reuters stories currently doing the rounds.
Global alternative asset manager The Carlyle Group announced that it has promoted 41 professionals to senior positions - 13 to Managing Director and 28 to Principal/Director.
Fortress Investment Group announced that Daniel Mudd has resigned from the company and its Board of Directors.
FOX Business Network (FBN) Senior Correspondent Charlie Gasparino spoke exclusively with JPMorgan CEO Jamie Dimon from the JPMorgan’s New York headquarters about the health of the company, financial regulation, and the United States economy.
JPMorgan Chase delivered quarterly earnings that topped analysts' expectations on Tuesday, as revenue from fixed-income trading rebounded.
HSBC is among global banks facing pressure to exit underperforming businesses in emerging markets nations from Brazil and Mexico to South Korea, creating opportunities for local banks to assert control of their home turf, analysts at UBS Securities said on Monday.