UK
Lunchtime Links: More job cuts on the cards for M&A bankers
27 June 2008
Global M&A gloom could spell more job cuts. (Reuters)
Merrill Lynch appointment apes Goldman model (FT), while the US golden boy still tops the tables. (Clusterstock.com)
“It’s an unwritten rule that people don’t discuss their salary…people see the City as a meritocracy, and don’t want to discuss their salaries or bonuses with colleagues.” (Financial News)
Financial crime and insider trading is rife, and the regulator is failing to crack down, says understandably bitter HBOS chief. (The Times)
Deutsche Bank prepares for Asia push with appointment of Indian M&A chief. (Financial News)
Lehman top brass refuse latest drop-in-ocean-of-millions by forgoing bonuses, which is nice of them. (Bloomberg)
Fortis is the most recent financial firm to get the begging bowl out, asking for €1.5bn. (The Telegraph)
Foreign talent tapped to ponder hedge fund code. (FT)
Just how many heads will be chopped on Wall Street? (DealBook)
No Blackberries for bankers? What next, no wrenches for plumbers? (Evening Standard)
Friday fun:
Poland puts chimp on payroll (Ananova).
Pop world’s take on the credit crunch. (YouTube)
Really bond with your colleagues: float in zero gravity. (Portfolio.com)
You're all a bunch of cheats. (Wall Street Journal)
