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Bonus Clampdown Now Starting To Bite

It's taken global lawmakers long enough, but things are now about to change big time on the bonus front. In one form or another, the impact of new bonus legislation will be felt around the world.

Slim Women Earn More

The Wall Street Journal reports that, according to a new study led by Timothy Judge of the University of Florida, men earn more as they pile on the pounds, while the reverse is true of women.

An Ominous Sign As Another Firm Mulls Job Cuts

Storm Clouds

South Africa's Standard Bank has been busy picking up top financial markets professionals from rivals in the last 2/3 years, and was in growth mode even when competitors were retrenching in the immediate aftermath of the financial crisis.

'Rogue Trader' Told To Repay $6.8bn

Former Societe Generale's so-called 'rogue trader' Jerome Kerviel was sentenced to three years in prison by a Paris Judge Tuesday, and banned from the financial markets industry for life.

Wells Fargo Puts On Good Show

Fees for global investment banking services, from M&A advisory to capital markets underwriting, totalled $57.7bn for the first nine months of 2010, a 9% increase over last year at this time.