Here's a selection of Thomson Reuters global debt, equity and equity-related league tables for the year to 30.09.2009.
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.
'In today's market, contractors, also known as consultants (or temps, of course), are easy to hire and easy to fire.
In the end, the end came fairly quickly. These things usually do. Bank of America announced the retirement of CEO Ken Lewis Wednesday. He will step down at the end of the year.
The UK's top five banks have committed to leading the way in implementing reforms to bank remuneration agreed by the G20 in Pittsburgh.
Here's the e-mail Ken Lewis sent to staff yesterday, advising them that he is retiring at the year-end.
Not a good week for stocks, but we had a couple of successes.
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.
Philly.com reports the tragic death of James Vellanti, the Chief Operating Officer at New York-based hedge fund JNF Asset Management.
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!