A Beijing court imposed the death sentence on 54-year-old Wang Yi, a former executive at China Development Bank, for accepting bribes of $1.75m and otherwise abusing his power while in office.
OK, so we couldn't resist it. Just a day after publishing the stuff about that 'Dick's added; BJ's removed' Bank of America Merrill Lynch research note title, we thought we'd try and be clever with a headline too.
Fox Business News reports that Goldman President Gary Cohn recently arranged a fundraiser in New York City for embattled Senate Majority leader Harry Reid.
Yep, you read it right. There's already specualtion about 2010 banker bonuses, and the smart money says that the prospects look rather good.
IT professionals are signing up in droves to CareersIT. They have joined up to the City's fastest-growing IT recruitment initiative.
UBS might have a spring in its step these days, as no-nonsense CEO Oswald Grubel begins to make his mark, but the bank's shareholders were far from happy at the annual meeting Wednesday.
The Wall Street Journal reports that Morgan Stanley has told investors that it expects to make a 61% loss (or $5.4bn) on investments made by firm property unit MS Real Estate Fund VI International.
The Wall Street Journal reports that UBS Chairman Kaspar Villiger defended the bank's compensation policy when speaking at the bank's annual shareholder meeting Wednesday.
An upbeat Oswald Grubel, CEO over at UBS, gave a speech to shareholders at the bank's AGM Wednesday.
Another action-packed thriller from Angelina Jolie.