The Times reports that five cleaners are to go on hunger strike outside a 'plush' Royal Bank of Scotland (RBS) office in the City in a bid to improve pay for their colleagues.
How about this one ? 29 year-old Mardin Azad Amin was stopped by security at Chicago's O'Hare International Airport last week, after something suspicious was found in his luggage.................
The wags have already started on the subject of Bank of New York's (BONY's) $16.5bn acqusition of Mellon Financial.
The smart money is now predicting that the credit crunch and the current economic downturn is likely to result in stand alone investment banks having to merge with commercial rivals.
The Daily Telegraph reports that up to 350 London-based bankers are likely to be axed in the latest round of job cuts over at Morgan Stanley. The firm is currently culling around 1,500 employees globally. And Financial News reports that the latest round of layoffs look like they will affect some of the firm's award-winning research analysts too.
JPMorgan staff have so far been relatively unscathed by the credit crunch. That, however, might just be about to change.
Renegade Pictures is producing a new TV series for Sky One, and is looking for COUPLES for the show.
The Wall Street Journal reports that Jerker Johansson, the new chairman and CEO of UBS Investment Bank, has insisted that the pain felt by staff from the latest round of job cuts, where possible, should cut across all levels of seniority. As a result, no-one should consider themselves safe, from analysts to Managing Directors, as the firm moves to cull another 2,600 heads.
Hays Resource Management at UBS.
The Financial Times reports that French bank BNP Paribas posted a 21% fall in first-quarter profits Wednesday. Net income came in at $3.06bn. Pretax profit at the corporate & investment banking unit fell 73% at $419m.