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Top Firm CEO Says Recruitment Is Biggest Problem

Bonus For Failur

Royal Bank of Scotland CEO Stephen Hester told the UK Treasury Select Committee that recruitment is his 'single greatest business problem', as many would-be employees are wary of joining the bank as they fear being held back or criticized over compensation.

Top Firms Get The Dreaded 'Bonus Letter'

Bloomberg reports that New York State Attorney General Andrew Cuomo has sent letters to some of the biggest banks in America, trying to acertain (amongst other things) exactly how big bonus pots would have been if the US taxpayer hadn't stepped in to bail out the industry.

The Three Peaks Challenge

Action For Charity

Leading charity Action Medical Research is again challenging teams of walkers from across the UK to sign up to take part in their 11th Three Peaks Challenge event.

Goldman Blamed For The Failure Of AIG

This weekend The Wall Street Journal ran an interview with Hank Greenberg, the former CEO of AIG, who appears to be putting the blame for his beloved ex-firm's woes down to Goldman Sachs.