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Banker In Court After Under-Age S.x In Office Allegations

The Daily Mail reports that a 35-year-old former ABN AMRO banker is currently in court accused of engaging in regular sex sessions with a 15-year old girl. The sessions are said to have taken place in the post room and basement in one of the bank's London offices.

Rumour That Up To A Third Of Top Firm's Staff To Be Axed

Rumours are circulating that up to a third of Citigroup 10,000 London-based staff may be axed in the latest round of headcount reductions. The main focus of the cuts are thought likely to come in the investment banking unit. And The Globe & Mail reports that Citi has given notice to all 12 of the investment bankers it employs in Toronto.