The Daily Mail reports that 36-year-old former Credit Suisse VP Oksana Denysenko has been awarded $2.4m by a UK Employment Tribunal after it was found that she was unfairly dismissed from her $127,000-a-year job in 2007 and sexually discriminated against.
Citi and Wells Fargo have agreed to settle their spat over Wachovia, coming to a settlement which requires Wells to pay $100m to Citi to resolve 'all claims related to this dispute'.
The word is out on Wall Street (yes, someone leaked it).
The Telegraph reports that UK Chancellor George Osborne has apparently been engaged in high-level talks with 'a number of London's biggest financial institutions' as he tries to find out why several hundred foreign bankers have upped sticks and left the City this year.
US Fed Chair Ben Bernanke spoke last week at the Sixth European Central Bank Central Banking Conference in Frankfurt, Germany.
United States Top Nation For Industrial M&A
Hots on the heels of annointing 110 new Partner Managing Directors, Goldman Sachs has also confirmed which staff are being promoted to Managing Director in January.
The Wall Street Journal reports that Terra Firma CEO Guy Hands said on Thursday that his firm would 'look like geniuses' if it hadn't acquired EMI Group.
Societe Generale's very own rogue trader Jerome Kerviel has been busying talking to 'Der Spiegel' about his time at the French bank and his 3 year jail sentence and $6.6bn fine.
There's some good news and bad news on the Wall Street bonus front.
Last year was an annus horribilis for bitcoin. Its price, once up above $1,200, sunk below $250.
Vince Cable has raised the spectre of Europe imposing mandatory quotas on the number of female directors in British boardrooms, as he pushes for Britain’s largest businesses to swiftly appoint more women to senior positions.