Here's a few links to some interesting Bloomberg, New York Post and Reuters stories currently doing the rounds.
Moody's Investor Services has placed Nomura's Baa2 rating under review for a possible downgrade, and the firm isn't too happy about it.
Some of Rugby Union’s greatest legends will scrum down at Twickenham Stadium on Saturday 3 December 2011 for the 'Heroes Rugby Challenge', which is supported by J.P. Morgan.
Here's another firm hoping to achieve 5-10% cost savings next year.
Fox Business reports that, according to its sources, Royal Bank of Scotland (RBS) has launched another round of 'major' job cuts, and that the Group's fixed income business could see up to 35% of positions go in the coming months.
By Fox's Charlie Gasparino & Sital Patel
Our quick survey of over 1,300 bankers Monday revealed that the vast majority of respondents felt that although some financial markets professionals may be overpaid, they certainly weren't.
Russian billionaire Mikhail Fridman has threatened to sue the UK government in an escalating row over whether his energy fund run by former BP boss Lord Browne can be blocked from taking over 12 North Sea gasfields.
The threat of deflation eased across the eurozone in February following a bounce back from heavy price discounting and steeply declining oil prices during the previous month. The 19-member currency bloc saw prices drop 0.3% last month compared with a drop of 0.6% in January, alleviating fears of an alarming deflationary spiral.
The UK has moved up a “women in work” league table after the economic recovery helped cut female unemployment, but it still lags well behind Nordic countries when it comes to overall empowerment of women in the workplace.