The FSA has taken to interviewing senior bankers who are applying for new roles, and they don’t like it. Since the introduction of the zealous interviewing policy, The Times reports that almost 10% of senior candidates have withdrawn their applications. We understand that some law firms are willing to offer coaching (for a fee) to help frightened bankers get through the process.
FSA wants a senior banker for its enforcement team. (The Times)
New agency would replace the FSA’s enforcement division. (The Times)
Economic illiteracy to suggest the FSA can curb high pay, says Adair Turner. (The Guardian)
Banks to pay early bonuses to avoid income tax rise. (The Times)
Welcome to the HMRC’s High Net Worth Unit. (The Telegraph)
Norway’s sovereign wealth fund has hired from UBS and Citigroup. (Financial News)
BofA is offering to repay part of its bailout. (Wall Street Journal)
Nomura won’t pay any rent on its new building for six years. (Financial Times)
Former Goldman and JPMorgan trader-turned-reality-TV-star to set up property website. (Telegraph)
How to get into investment banking if you were a male escort in Tokyo in a former life. (Mergers and Inquisitions)
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