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ABN AMRO Job Losses - It Could Be Worse

The Sunday Telegraph reports that hundreds of staff who work in ABN AMRO's investment banking operation in London are likely to lose their jobs in the proposed 'merger' between the Dutch bank and Barclays.

And Who Would Buy A $41m House Like This ?

Goldman boss Lloyd Blankfein is thought to be on the move. Dipping into some of his hard-earned, Blankfein is said to be spending a cool $41m to buy the 'Old Trees' estate in Southampton - and that for a property which he will probably only use on weekends for a maximum of 5 months a year!

We Revisit The Goldman 'Slackers'

It was 12 months ago when we visited the 'Day in the Life' section of Goldman's website, where there are profiles of staff who work for the firm around the globe. And many were working rather hard.

BarCap - Bob Diamond Should Be Canonized, Not Knocked

We're a funny old race, us English. We criticize failure (witness all the recent stuff about the English football team), but we love to have a pop at success too. And BarCap boss, Bob Diamond, being a successful (and rich) American in London, is an easy target.



UBS Fractured

UBS Pays Massive Fines To Settle LIBOR Probes

UBS announced today that its Board of Directors has authorized settlements with the US Department of Justice (DoJ) and Commodity Futures Trading Commission (CFTC) in connection with their investigations of benchmark interest rates.