Reuters reports that JPMorgan Chase CEO Jamie Dimon was in fine form on PBS Monday. Dimon said that US regulators should launch an investigation to ascertain whether short sellers of Bear Stearns stock spread false rumors to deliberately bring down the Wall Street firm.
Many firms like Citi, Lehman Brothers and UBS are now paying an increasing amount of year-end bonus for senior staff in deferred equity. This not only conserves much-needed cash, but acts as a retention tool for key staff.
We asked our readers to let us have their views on where the FSTE 100 and Dow Jones Industrial Average would be as at the end of June.
We've been trying to find out which firm is the 'tightest' in the financial markets in terms of expenses.
Never burn your bridges when you go to your boss to resign. Always behave with dignity on the way out - as these things can sometimes come back to bite you on the rear-end.
We did a quick poll to find out how our readers intended to find their next job outside their current organisation.
We asked you your thoughts on your base salary.
New York magazine quotes from an e-mail that is said to have been circulating over in Bear Stearns New York office which reveals that an April 2nd inspection of the firm's in-house staff canteen uncovered 42 US health-code violations. (The average violation-point total for restaurants is said to be 13).
Now every time we do an item that in anyway has a pop at the quality of staff many of our finest financial institutions appear to be falling over themselves to hire in lower cost locations, we get inundated with e-mails.
Remember Ray Ducharme ? He's the Bank of America bond trader gored by a cow (ok, it did weigh several hundred pounds) at a bull festival in Pamplona, Spain, last summer ?