If you’re a bank CEO, it has become de-rigueur to talk up your business. Vikram Pandit did it earlier this week, to great effect and Jamie Dimon has now done the same. Yesterday, Dimon said JPM’s bond business had just had its greatest two months ever (possibly because the US government is supporting this market) and that the bank had been profitable in the first two months of this year. CEOs at Deutsche, Bank of America, BNP Paribas and Natixis have all made similarly positive noises. Whether they will lead to a resumption of hiring is another question – Yves Smith points out that Citi’s ‘leaked memo’ this week was a little Lehmanesque.
Jamie Dimon is a dream boat (thereformedbroker)
JPMorgan launches in Kazakhstan (Financial News)
Wall Street salaries may rise as bonuses fall (Bloomberg)
US government won’t be trying to micromanage banks (Wall Street Journal)
Only four months to a new job (Wealth Bulletin)
Merrill may have misled Congress (CNBC)
Did AIG’s London office lose half a trillion dollars? (Mirror)
BarCap hires head of US M&A (Dealbook)
Graduates now flocking to work for a bus and train operator (Telegraph)
Solar panels in the Sahara could power the whole of Europe (Times)
UK

Things are only so much better because they’ve got rid of all the weak underperformers. Keep hiring freezes to ensure it stays this good!!!
Interesting point Hannah…but I don’t think it was the weak underperformers that caused Lehman to implode or Bear to be fire sold. The economy……………
Yeah didn’t quite mean they caused it all, just that the atmosphere / environment now at my place is so much better now we only have efficient, ambitious, high-calibre people left. The dead weight was previously very frustrating.
so we have a Hannah instead of a Henry now..
thank you for that highly analytical input Hannah..
so hannah what draws you to a jobs website, when you are apparently only left with ‘…efficient, ambitious, high-calibre people…’
good point hmmmmmmmmm and quite funny!!
i like the efficient, ambitious, high calibre hypocrite hannah that is busy trawling a jobs website, your bank obviously missed one, a dead weight that is!!
Hannah..as we used to say to Henry ..You Prat !!
she is stil there because she is female
Hannah seems to assume that offices throughout the financial community are now choc-full of super-producers!
Not as simple as that, luv…
Think she needs a good shoeing
luv!!
love it…..
sexism is alive and well and from the above i would say flourishing in the downturn
What is a shoeing? Take it it’s something practiced by inadequate men unable to cope with women who don’t read Heat magazine.
Hannah – ‘Weak underperformer?’ – never knew there were different types of underperformers…or maybe it’s just a reflection of your mental capability – with English like that, you will surely be offloaded next time round…
your comments are stupid. That’s the reason why banks failed.
If you give a ferrari to a moron what do you think will happen
They should get rid of people like you…just stupid kids who think to be master of the universe with no clues and a just spreadsheet
kids….go back to run your moronic spreadheets