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Goldman Changes Staff Meal And Taxi Policy

With Goldman Sachs due to report its fiscal first-quarter earnings next week, Dealbreaker has published a memo sent to the firm's London staff, which turns the screw a bit on staff 'evening meals and taxis'. Are times getting hard over at Goldman too ?

No Bonus For Top Boss - But He Still Bags $216m!


Before you shed a tear for Citi CEO Vikram Pandit on the news that he didn't receive a bonus for his efforts at the company last year, fear not - he still walked off with a salary, sign-on and performance-related stock, options and buy-out compensation worth a staggering $216m!

Hedge Funds On The Brink

The market turmoil has moved into a new phase over the last few days, as yet more hedge funds look to be on the brink or have halted withdrawals.

Kerviel's Facebook Friend Said Arrested In Rogue Trading Probe

When news broke a few weeks back that Societe Generale's $7.1bn rogue trader was one Jerome Kerviel, 10 of his 11 'friends' detailed on the social networking site Facebook quickly deleted their names. The only one who didn't, Manuel Zabraniecki, has now been identified in the media as the latest person to be detained by French police, as investigating judges follow the evidence in the SG rogue trading affair.