Two years after Bear Stearns fell (or was pushed) into the arms of JPMorgan Chase, we thought it would be interesting to see what happened to the people mostly associated with the deal.
The Wall Street Journal reports that Bank of America has now agreed to disclose details of donations made with corporate funds to political parties and committees. The bank will not, however, disclose individual political contributions made by employees.
Here's an interesting interview Bloomberg TV ran Friday with Brad Hintz, a top-ranked analyst over at Sanford C. Bernstein, on the subject of that 2,200 page report published last week on the events which led to the bankruptcy of Lehman Brothers.
The Financial Times reports that Barclays Capital is now rolling out a 'partnership' organisational model, which will allow 'partners' to have 'more say in the bank's future direction and their pay will be more aligned with profitability'.
We're not completely there yet, but we have simplified the way our Careers offering works.
The New York Post reports that there's 'unrest' over at Deutsche Bank which is 'creating a talent drain as bankers and traders head for the exits'.
'I work for Bear Stearns, although it doesn't feel like it anymore. In fact, we're all still trying to come to terms with the fact that there really is no such thing as Bear Stearns anymore.
First off, I've got to have a moan about the UK government's latest efforts to protect the public from dangerous dogs.
Come and play in The 2010 Banks and Brokers Golf Championship in association with Tourism Ireland. The Championship is the number one golfing team event for the City and UK’s financial sector.
Fox Business News's Charlie Gasparino has reported that Bank of America is coming under 'increasing pressure' from US government and regulatory officials to break up the empire, as it is thought to be still much 'too big to fail'.