Here's a few links to some interesting Bloomberg and New York Times stories that are currently doing the rounds.
Here's the latest Thomson Reuters 'Investment Banking Weekly Scorecard'.
This will open the floodgates. Expect more firms to come out with similar messages soon.
It's squeaky bum time over at MF Global.
In some respects, it's no surprise.
CNBC's John Carney does an excellent job explaining the underlying trading idea that proved one trade too far for MF Global.
Here's a few links to some interesting Bloomberg, New York Times and Reuters stories currently doing the rounds.
Some Wall Street banks are better than others at focusing on their most-profitable debt-trading desks.
Mizuho Financial Group, which vaulted to the top spot among Japan’s mergers advisers this year by working with Japan Post Holdings and Itochu, plans to build on that position by hiring bankers in the U.S. and Asia.
UBS, the world's biggest wealth manager, expects Asia Pacific assets to account for as much as 30% of the funds it oversees within the next 10 years, the bank's chief executive said.