Bank of America CEO Brian Moynihan has been doing a Vikram Pandit - sending 'inspirational' memos to his staff.

We thought it would be interesting to republish something we first posted a few years ago about the impact of not making the grade at Partner Managing Director level over at Goldman Sachs.

Many of you will already have had one of these from your firm. If you haven't, expect something similar sometime soon.

Barclays plans to recruit more than 20 staff this year to bolster its European equities trading business as Chief Executive Officer Jes Staley continues to back the investment bank while rivals retreat, according to two people familiar with the strategy.

Fidelity Investments has agreed to pay $8m to settle US Securities and Exchange Commission charges that several of its brokers received $1.6m in gifts over a period of years from clients who were allegedly hoping to do more business with the firm.

A federal judge on last week rejected Goldman Sachs' bid to dismiss two of the four female plaintiffs in a proposed class-action lawsuit accusing the bank of discriminating against women in pay and promotions.

'I'm 43 now, but when I was 22 I too walked away from banking to pursue my dream - which was to be a stand up comedian. After about a year, however, the 'reality' of my new life started to dawn on me...

Next stop Partner ?

We're trying to find out who's got the longest job title in the financial markets.