Dealbreaker reported earlier this week that UBS had put back its 2010 bonus communication day by one week (to February 16th), because it basically hadn't got its regulatory and administrative ducks in a row.
It's not been that much fun for Macquarie Bank on the PR front recently.
And that guy, of course, is hedge fund guru John Paulson.
Irving Picard, the Trustee for the liquidation of Bernard L. Madoff Investment Securities LLC, has now had most of the details of his $6.4bn lawsuit against JPMorgan Chase unsealed.
The Securities and Exchange Commission has charged six expert network consultants and employees with insider trading for illegally tipping hedge funds and other investors to generate nearly $6m in illicit gains.
The value of worldwide mergers and acquisitions totals $309.6bn through year-to-date 2011, a 69% increase over last year at this time and the strongest start for M&A since 2000, when the opening weeks of the year saw $554.2bn in deal activity.
Earlier this week, we ran what we thought was a somewhat harsh comment from The Financial Times on the subject of Nomura:
Deutsche Bank's Corporate & Investment banking unit saw a 57% increase in profits in the fourth-quarter, as sales and trading revenues grew by 30%. Overall, revenues hit a Q4 record high.
Here's the latest from our Highly Placed Professional.
A dismal fourth quarter for the industry saw steep declines in revenues for banks' trading desks, especially those covering the fixed-income and credit markets, and banks haven't been able to get their message straight on what exactly is causing it.
International Monetary Fund chief Christine Lagard said Thursday the Swiss central bank's announcement that it would remove a 3-year-old cap of 1.20 francs per euro was "a bit of a surprise."
Ever wondered what goes down ?