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.
Leeds United are currently in second place in the Championship, but Middlesbrough midfielder Jonny Howson thinks they are the best team.
Liverpool defender Virgil van Dijk has helped Jurgen Klopp's side maintain a much better defensive record than Manchester City this season.
Marcelo Bielsa's Leeds United side picked up a 1-0 win over Middlesbrough at the Riverside Stadium last night.
Premier League leaders Liverpool are unlikely to find a place for returning Besiktas loanee Loris Karius at Anfield.
Leeds United are five points clear of third-placed Fulham in the race for the automatic places.
Leeds United manager Marcelo Bielsa could not contain his delight at beating Middlesbrough.
Mikel Arteta's Arsenal might need a new creative kingpin - could Red Bull Salzburg's Dominik Szoboszlai be the next hero of the Emirates?
Ryan Kent was reunited with the Rangers manager Steven Gerrard at Ibrox 18 months ago.
Liverpool beat West Ham United 3-2 on Monday night.
Rangers beat Braga 1-0 in the Europa League on Wednesday.