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The Vic Daniels Column - 26/10/09

As the father of two mixed race children, I did have a vested interest in tuning in to BBC's 'Question Time' last Thursday to witness BNP leader Nick Griffin's controversial appearance on the panel.

Firm Wins Bonus Case

Bloomberg reports that Commerzbank can claim victory, after a German labour court rejected claims from 13 former Dresdner Kleinwort bankers that they were entitled to higher bonus payouts for their efforts in 2008.

Morgan Stanley 's Q3 Earnings

'NEW YORK, October 21, 2009 - Morgan Stanley (NYSE: MS) today reported income from continuing operations applicable to Morgan Stanley for the third quarter ended September 30, 2009 of $757 million, or $0.38 per diluted share, compared with a loss from continuing operations applicable to Morgan Stanley of $159 million, or $1.37 per diluted share for the second quarter.

Threat Grows That Large Banks Will Be Split Up

Bank of England Governor Mervyn King used a speech in Edinburgh Tuesday to suggest that it may be prudent to split up the activities of investment and commercial banks in order to prevent another financial crisis and the bailouts that followed.



Gold Dollar

Incredible - good to be a billionaire

The richest people on the planet got even richer in 2013, adding $524bn to their collective net worth, according to the Bloomberg Billionaires Index, a daily ranking of the world’s 300 wealthiest individuals.