We've all seen the growth in on-site recruitment desks, especially in Europe, over the last few years. Love 'em, or hate, they seem destined to stay. But whilst these desks have traditionally restricted their activities to contingency recruitment, some banks are looking at partnering with these firms on 'search' too, especially for jobs just below the normal headhunting threshold.
The Times reports that Lazard has kicked into touch its European private equity arm - before the two-year old team has done a single deal. Most of the small team are thought to have already left the firm.
A huge billboard on Houston Street in New York looks like it's carrying a message, in big lettering, from an angry wife to her unfaithful (soon-to-be-ex) husband.
Morgan Stanley CEO John Mack will be interviewed by US regulator The Securities and Exchange Commission (SEC) in order to put to rest claims that he was in any way involved in any insider trading allegedly undertaken by hedge fund Pequot Capital Management, where he was CEO briefly in 2005.
The 'NatWest Three', David Bermingham (43), Giles Darby (44) and Gary Mulgrew (44), will have to remain in the US pending their trial in Houston on charges related to the fall of Enron.
Ray Ducharme, the 31-year-old Bank of America bond trader injured in Spain earlier this month in a spat with a cow, has been flown home to the US, and remains in a serious condition at the Carolinas Medical Center.
We asked you to let us know what your firm is doing about dress code and all this hot weather. Here are your shouts so far:
Goldman Sachs is said to be looking to buy The Battery Park City Embassy Suites Hotel and its retail complex, properties which are next door to the site of its planned $2.4bn New York HQ building. If the deal goes ahead, Goldman will have plenty of room for expansion.
Barclays Bank said Friday that it had received an order from the US District Court for the Southern District of Texas confirming that it had dismissed a case filed by Enron shareholders against Barclays Bank and investment banking arm Barclays Capital. The suit claimed that the bank and its investment banking unit were partially responsible for the fall of Enron. Several other banks, including JP Morgan Chase and Citigroup, have already reached billion dollar settlements over the suit.
The Mail on Sunday published an interesting interview last week with 44 year-old Laura Mulgrew, the ex-wife of Gary, one of the so-called NatWest Three. And Laura appears to have taken the opportunity to have a pop at her former husband. Here are some quotes from the article: