With Anshu Jain off to become co-CEO at Deutsche Bank, bets are on as to who will replace him as head of the bank's corporate & investment banking unit.
In case you missed it, here's last week's top stories.
It's happened then. Standard & Poor's has lowered its long-term sovereign credit rating on the United States of America to 'AA+' from 'AAA'
Here's something out from the US Treasury on S&P's $2 trillion 'maths error'.
Here's a note of 15 countries that still have a 'AAA' rating.
Statement of G7 Finance Ministers and Central Bank Governors
Here's a selection of links to interesting articles doing the rounds on the subject of the current market turmoil.
Standard & Poor's has lowered its long-term sovereign credit rating on the United States of America to 'AA+' from 'AAA' and affirmed the 'A-1+' short-term rating.
Rogue trader Nick Leeson appeared on BBC Radio 4 Friday, and was interviewed alongside his former boss, Peter Norris.
The Royal Bank of Scotland Group plc (RBS) reported its first half operating profit Friday.
Allegations of corruption at the aircraft engine-maker Rolls-Royce spread to Brazil on Monday, adding to the woes of a group that is already involved in a Serious Fraud Office (SFO) investigation into bribery claims in China and Indonesia.
Deutsche Bank is focusing on plans for a slimmed-down universal bank as part of the management's strategic review where the group remains internationally engaged in most of its current activities but pulls out of unprofitable regions and business lines, newspaper Handelsblatt reported on Monday.