Goldman Sachs CEO Lloyd Blankfein claimed in a Sunday Times article that bankers do 'God's work'.
Here are the winners and the runners-up in each of our eight 2006 Best Place to Work categories:
Tim Linacre, CEO of Panmure Gordon, Oliver Hemsley, boss over at Numis, and Alex Snow, chairman of Evolution, have written a joint letter to City Minister Lord Myners, complaining that bailed-out UK banks are forcing clients to use their own investment banking services as the price of continuing financial support.
Andrew Ross Sorkin's excellent book 'Too Big To Fail' gives a blow-by-blow account of how the main players in the financial markets behaved during those tense times during September / October last year.
Here's an interesting note from an HR Director over at JPMorgan Chase which provides some useful insight into how compensation works there:
Reuters reports that JPMorgan Chase has just hired a 78-year-old broker, proof that it's never too late to make a career move.
It was with much anticipation that we sat down to read the overly-long Sunday Times article on Goldman Sachs, which was published this weekend. What new insights would we learn about the firm, and what startling revelations would emerge following the newspaper's visit to Goldman's Broad Street HQ ? Sadly, there were none.
CNBC's Charlie Gasparino reports that Bank of America's board is said to be in 'civil war' over who should become the successor to departing CEO Ken Lewis.