Goldman Sachs reports its final quarter's earnings Thursday and the smart money is on the firm putting in another strong performance to cap off a record year.
Bafin, Germany's financial market regulator, is coming to the end of its probe into the Citigroup eurozone government bond affair which caused uproar in the market in August. Citigroup traders dumped billions of dollars worth of bonds onto the market, prices plunged, rivals sold futures in panic and the Citigroup traders came back in and repurchased some of the instruments on the cheap. Citigroup is said to have made a tidy sum out of the affair, whilst rivals are thought to have lost $22m.
Each year Institutional Investor magazine asks fund managers all around the world to rate brokerage firm analysts in 30 industries and investment specialties. The winning entries are totalled and a league table of top firms is compiled. Below is this year's table. (Last year's position in brackets).
Deutsche Bank has suffered yet another client defection on the UK asset management side. According to Bloomberg, a further $1bn has gone as Lancashire County Council has terminated its contract with Deutsche Asset Management (DeAM)
The answer to the following question:
This will be the last instalment of regular news until Monday 10th January, 2005.
The European banking industry needs to consolidate further if it is to avoid becoming 'an inefficient and structurally unprofitable marketplace'.
The Business has an interesting story about JP Morgan. The essence is that the banking giant began to look as if it might have lost the plot a bit over the last few years. But now, the smart money is on the firm perhaps bringing back the glory days of good old John Pierpont.
Another bank found itself mired in an employment tribunal claim last week. A manager at ING's investment banking arm stands accused of bullying a staff member. In there, too, are claims of client fraud. 31 year-old former ING ECM manager Oliver Payne is claiming constructive dismissal.
Well, she's back. After her departure from Societe Generale last year, the breakdown of her marriage and the shattering of her dreams to become a star fund manager in Australia, Nicola Horlick returns - to start and run a fund management advisory business from Knightsbridge.
Ibrox side Glasgow Rangers and Celtic have a fierce rivalry with one another.
Sunderland forward Will Grigg has struggled to make much of an impression so far at the Stadium of Light, with Jack Ross often leaving him on the bench.
Newcastle United striker Dwight Gayle has not been fit enough to start a game for Steve Bruce's men this term.
Tottenham Hotspur are preparing to welcome back Giovani Lo Celso.
Celtic have a proper star on their hands in the form of Jeremie Frimpong.
Arsenal signed Kieran Tierney from Celtic in the summer, but he has only made a limited impact at his new side.
How to easily perform 20 jump boosts in a single race with a driver wearing a ribbon in Mario Kart Tour.
Arsenal lost 1-0 at Sheffield United this evening.
The Ibrox manager was impressed by the player's performance against Rangers over the weekend.
Crystal Palace were hoping to re-sign Michy Batshuayi from Premier League rivals Chelsea - but will Frank Lampard let the £33m striker go in January?