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Top Firm Aims To Sort Out London / New York Rift

The Wall Street Journal reports that top of the list of priorities of Jes Staley, who has just been appointed CEO of JPMorgan Chase's investment banking arm, is to heal 'long-simmering tensions' between the unit's London and New York executives.

Are Bankers Getting Around Adult Entertainment Ban ?

A recent report by women’s rights organisation, the Fawcett Society, found that 41% of UK lap dancing clubs are targeting corporate clients through marketing on their websites and 86% of London clubs provide 'discreet receipts' to customers allowing employees to claim expenses for 'team visits' and client entertainment at these venues. The report suggests that this trend is partly fuelled by the way these clubs market themselves as ideal venues to host meetings and for client entertaining.

Top Firm Sued For $1,784 Billion Trillion

Now here's a lawsuit that Bank of America is likely to win. Reuters reports that one Dalton Chiscolm has apparently filed a '1,784 billion, trillion dollar' lawsuit against the bank, as he is upset over the service it provides. The plaintiff, who is asking for more money than the entire world's 2008 gross domestic product, says that a certain Spanish employee upset him during a visit to one of the bank's branches!

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The Best Firm of the Last Decade is..

HITC has been polling employees at commercial and investment banks, asset management and private equity firms and hedge funds globally for the past decade to determine who they think is the best firm to work for.