The Times reports that Matthew Uberoi, the Hoare Govett intern accused of insider trading, told a London jury Monday that he didn't get a lot out of his compliance training.
Morgan Stanley CEO John Mack recently described the famous Tim Geithner 'Get f.cked' moment to an audience at Wharton business school.
Morgan Stanley CEO John Mack was at Wharton business school recently, and here's a video of the address he gave to the students.
Clusterstock reports that bankers at firms like Credit Suisse, Deutsche Bank, Goldman Sachs and JPMorgan are said to have taken 'Target Focus Training' at the hands of martial arts expert Tim Larkin.
The Sunday Times reports that UK market regulator The Financial Services Authority (FSA) has given UK banks until the end of the week to justify why they should be allowed to make bumper bonus pay-outs this year-end.
Bloomberg reports that, according to records from US pay czar Kenneth Feinberg, top executives at Bank of America and Citi received an average $18.2m in compensation each last year.
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.
The top 25 executives at AIG, Citi and Bank of America are to see their compensation cut by some 90% this year, after US 'pay czar' Kenneth Feinberg, supposedly acting in the interests of the US taxpayer, reviewed their pay.
Oh, how we in London laughed a few months back when President Obama upped the rhetoric and started banker-bashing.
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.