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Top CEO Said In Rage Over Bonus Leaks

Leaking Pipe

Morgan Stanley CEO James Gorman is said to have read the riot act to around 500 Managing Directors earlier this week, clearly angry that details of the firm's bonus plans have been leaked to the media.

Trader Banned After Mismarking Book For 2 years To Conceal Losses

The Financial Services Authority (FSA) has banned and fined Nabeel Naqui, the former Head of the Credit Products Group (CPG) Europe and Asia Pacific at Toronto Dominion Bank (Toronto Dominion), £750,000 for deliberately mismarking his trading positions and misleading fellow staff to conceal his losses over a period of two years.

FSA's Latest Letter On The Royal Bank of Scotland Report

Financial Services Authority Chairman Lord Turner has now publicly released a letter he sent earlier this week to Andrew Tyrie, the chairman of the UK Treasury Select Committee, on the subject of the regulator's report into the meltdown over at The Royal Bank of Scotland.