Bloomberg reports that 49-year-old Goldman Vice Chairman Suzanne Nora Johnson has resigned from the firm. Ms Johnson, a 21-year Goldman veteran, is the highest-ranking woman at Goldman, and is the second person from the firm's 23-member management committee to announce a departure in just two weeks. She will leave in mid-January.
Investment Dealer's Digest have come up with a list of 40 bankers/traders under 40 who are making their marks in the financial markets. Here's the list:
Dress codes have been back in the spotlight in the UK recently, following a British Airways decision not to allow one of its check-in staff to wear a crucifix necklace under her uniform.
Well, we were saying that 2007 is to be the 'year of the big bank merger'. But the first one has been announced before the year has even begun.
There will be a few red faces over at the Financial Times this morning (they can't be expected to get it right ALL the time!). Although Deutsche Bank boss Josef Ackermann might need resuscitating, and this writer nearly chocked on his cornflakes. And all because of what we assume is a typo.
There's likely to be 'trouble at mill' over at Dresdner Kleinwort again soon. And this time, it's because front office staff look like getting advised and paid their 2006 bonuses earlier than 'the little people'. (And most firms are trying to move away from that 'us and them' front / back office cultural split thing!)
New York - The US Drug Administration announced last week that ten defendants have now been charged with federal felony offenses associated with the illegal operation of meths labs throughout New York City and Long Island. One of the defendants is Michael Knibb, a 37-year-old VP who works for Citigroup in IT.
There was an interesting item in The New York Times 'Deal Book' column over the weekend about the 'flurry' of M&A activity we have seen recently and the fact that bonus time for bankers is fast approaching.
Clearly not all of 'em are. But some traders, it seems, might use psychic powers to get an edge.
The Wall Street Journal reports that Bank of America's Chief Financial Officer, Alvaro de Molina, has quit and will leave the bank at the end of the month. de Molina, 49, wants 'to find something where I can have more impact than CFO at a well-run business'.