Bank of America has named Mike Joo head of global rates and currencies origination, the business that issues interest rate and currency products for corporate and commercial clients, according to a memo sent to employees.
ICAP, the world’s leading interdealer broker and provider of post trade risk and information services, has announced an internal reorganisation which will for the first time create a single, global voice broking division to reflect the changing nature of its business and serve customers more effectively.
Former brokers at Merrill Lynch, Citigroup and Lehman Brothers have won a reversal of their convictions for tipping day traders to confidential data on their internal 'squawk boxes', after an appeals court said prosecutors withheld critical evidence.
But he survived and will now face the music.
Spare a thought for this guy (even though he might have brought it all on himself).
Here we go again.
Here's a few links to some interesting Bloomberg, New York Post and Reuters stories currently doing the rounds.