Sad to report that Ray Ducharme, the 31-year-old Bank of America bond trader who was seriously injured after being thrown by a cow during a bull-running festival in Spain last month, is thought unlikely to ever walk again.
Bloomberg reports that Wall Street's finest are doing their bit to save energy during New York's current heat wave.
Shares in Goldman Sachs fell slightly Wednesday after respected Merrill Lynch analyst Guy Moszkowski reduced his estimates for the firm's third-quarter profits. The third-quarter, which includes August (traditionally the slowest month of the year anyway, due to holidays) is generally thought to be shaping up to be tougher for investment banks than the first two.
BarCap and Barclays Global Investors (BGI) were the jewels in the crown at Barclays in the first half of 2006. BarCap, which added a further 600 to the payroll from January through July, posted a 66% increase in profits to $2.4bn. BGI profits were up 51% to $686m in the period.
Here's the list:
On Monday we published the story about the young guy who 'mugged' an IT worker for a 40p ($0.75) bottle of water, when travelling on the tube. Here are some of your comments:
Deutsche Bank has revealed that its equity proprietary trading desk incurred a loss of $128m in the second-quarter.
Ray Ducharme, the Bank of America bond trader gored by a cow in Spain last month, has been transferred to Atlanta's Shepherd Center. The Center specializes in the treatment and rehabilitation of people with spinal cord and brain injuries.
Fair dos to HSBC Investment Bank. Often the butt of jokes over the last couple of years because of all those expensive hires, the firm has finally come good.
The Independent reports that Helen Green, the 36-year-old Deutsche Bank employee who worked in the firm's secretariat division in London between October 1997 and October 2001, has been awarded an estimated $1.5m in damages today, over the bullying she said she had to endure in what she described as a 'department from Hell'.