We're keeping a running total of the current round of job cuts.
Bloomberg is reporting that Barclays Capital is to axe up to 600 jobs around the world following a review of its operations.
Bloomberg reports that Barclays Capital is said to be planning to cut up to 600 staff following a review of its business activities late last year. Some employees are already said to have been axed.
Morgan Stanley Investment Management has announced that Morgan Stanley Credit Partners L.P. ('MS Credit' or the 'Fund'), its first dedicated corporate mezzanine fund, has held its final closing with $956m in capital commitments.
Our old friend P K Munroe has been busy designing new stickers (please see images to the right).
Step aside Jamie Dimon. All Hail Barclays CEO Bob Diamond - the industry's new superhero.
Mid-Market Review (for deals valued up to $500 million)
If you want to understand why Bob Diamond is the new CEO of Barclays, continue reading this.
Paul Kanjorski is the former U.S. Representative for Pennsylvania's 11th congressional district (1985 - 2011), and he's been talking to The Scranton Times.
Societe Generale Corporate & Investment Banking has announced two major developments in North America and Europe in the energy market.
UBS has been ordered to cap bonuses for foreign-exchange and precious-metals bankers as Switzerland’s regulator probes 11 of the bank’s current and former employees as part of its inquiry into currency rigging.
Barclays could face a huge new penalty for rigging currency markets after pulling out at the 11th hour from the settlement talks that led to £2bn of fines being slapped on five other big players in the currency markets.
The rigging of foreign exchange markets is a bigger scandal than Libor.