The Financial Times reports that banks with big capital markets businesses look set for another tough quarter, meaning that job losses in the coming months are all the more likely.
Bloomberg reports that hedge fund industry group The Alternative Investment Management Association (AIMA) are to meet with UK securities regulators in a bid to receive exemptions from tough new EU compensation rules.
Here's the latest on the 'Movers & Shakers' front.
It had to happen.
The Wall Street Journal reported in July that Goldman Sachs had told its staff that they should avoid expletives when communicating with colleagues / external parties via e-mail.
The Independent reports that JPMorgan looks set to ditch its plans for the construction of that new $2.34bn European HQ in London. Instead, the newspaper reports, the firm could move into Lehman's former EMEA home on Bank Street, Canary Wharf.
The Vancouver offices of TD held the bank's 12th Annual Dunk Tank for Children's Charities this week, an event that has raised more than $1 million in British Columbia over the last decade.
Here's last week's Thomson Reuters Investment Banking Scorecard.
Morgan Stanley turned 75 Thursday.
Goldman Sachs has been sued by three former female employees, who claim that the 'violation of its (the firm's) female employees' rights are systemic, are based upon companywide policies and practices, and are the result of unchecked gender bias'.
Steve Jobs was known for being ruthless and controlling, driven by a desire for perfection with a clear image of how products, practices and Apple should be, which helped him turn the company around after rejoining it from NeXT in 1996 when Apple bought the computing startup. But that same drive had an effect on his relations with employees.
A battle is raging on Wall Street as never before, with powerful factions scrambling for control of a precious resource.
Huxley Banking & Financial Services has been named as Best IT Recruitment Firm 2014 by global financial website HITC.