The Guardian reports that UK Financial Secretary Mark Hoban said Monday that banks are going to need to rein in bonuses again this year if they are to regain the trust of the rest of the country, which continues to tighten their belts.
Here's an article written by Harriet Bowtell, an employment solicitor at leading employment rights firm, Russell, Jones & Walker.
Citi CEO Vikram Pandit has won the prestigious 2010 Euromoney Banker of the Year award. The magazine recognised Pandit for his achievements in restoring Citi to profitability, having executed one of the biggest and most complex bank restructurings in history.
Here's Goldman's response to a recent Harper's Magazine article, 'The Food Bubble'.
Details of the FA's secret plan to ensure that England win the World Cup in Brazil in 2014 have now been revealed.
Reuters reports that Bank of America is to beef up its internal compliance unit after admitting that the firm wrongly classified 6 transactions of mortgage-backed securities as sales, rather than as repo or short-term lending deals.
By Vic Daniels
New York magazine points out that there's now a 'Punch Jamie Dimon (CEO of JPMorgan / Chase) in the balls' Facebook page up.
Here's the latest on the 'Movers & Shakers' front.
Data provided by Thomson Reuters.
Bonus curb workarounds being developed by banks from HSBC to Lloyds Banking Group will be scrutinized by European Union regulators for possible breaches of the bloc’s rules.
'The pressure from bank shareholders will put downward pressure on compensation'.
The Merrill Lynch professional had the same name as a man sought by Mexican officials for paying for ... with minors in that country.