MY ACCOUNT

ABOUT

SECTIONS

unbolded

https://assets.fnlondon.com/2011/07/4068877300.jpg

President Barack Obama’s debt deal fails to calm markets, as the heads of HSBC and Barclays reveal job cuts. Meanwhile, Christine Lagarde’s honeymoon at the International Monetary Fund appears over after she is dragged into a corruption case.

Banks given four weeks to respond to new FSA bonus rules

The FSA has said it will require banks to submit documents three months before bonus awards are made and hold meetings with supervisors before they are approved, with just four weeks to respond to the planned changes

Meet the new head of US financial sponsors at Macquarie

Jorge Mora will be hoping that a history of working with some of the biggest names in private equity and an expert knowledge of fine wines will both serve him well in his bid to woo clients at the Australian bank

Rival ITG has already announced plans to lay off 100 staff

Evercore Partners wins slice of Kraft deal

The independent advisory firm wins its first mandate from the US food group

The largest US options market jumped by a single-day record yesterday as investors sought protective positions amid the continued global stock sell-off.

Growing sovereign debt woes, weak politicians and failing markets are causing investors to run for the exits, but some see lower stock prices as a big buying opportunity

'This is akin to calling a meeting to decide whether or not to send out the fire brigade in case of a fire,' the head of strategy at one of Europe's biggest asset managers said today of EU members having to meet to extend the fund to pull Europe out of the current crisis

Tough markets, poor trading activity and lower staff rewards - RBS's global banking and markets unit struggled in the second quarter

One stock rose 4% in the first two hours of trading on the LSE this morning, despite the panicked markets, and it's probably not the one you think

State-owned group will cough up over £3bn during the next seven years for bankers' pensions

Investors are running out of asset classes, as increased correlation, higher inflation, low interest rates and spreading debt crises threaten asset managers from all sides

Allianz's equity division offsets fixed-income slowdown

Pimco is the insurer’s top performer in second quarter, but its European equity house RCM has greater momentum

Investors follow largest investor GAM out the door as Rubicon launches legal action against former managers Tim Attias and Santiago Alarco and ex-GAM employee Catherine Cripps

UK-headquartered bank takes £733m impairment on its Greek government bonds, pushing its losses further

https://www.wsj.com/?type=allesseh_content_full_list

People in the news this week

Banks given four weeks to respond to new FSA bonus rules

NYSE Euronext appoints new listings head

Meet the new head of US financial sponsors at Macquarie

Knight Capital to cut 6% of work force

Evercore Partners wins slice of Kraft deal

Trade of the week: Vix futures

Time to go double or quits

Markets remain locked in indecision

RBS takes sector's second-largest IB hit

The FTSE's unlikely riser

RBS's pension-fund bombshell

How to avoid a portfolio wipeout

Allianz's equity division offsets fixed-income slowdown

Rubicon assets shrink 80% as writs fly

RBS posts loss on Greek bond charges