Barclays, Lazard and Deutsche Bank have all slashed 2011 compensation. (Bloomberg Businessweek)
Goldman Sachs’ chief executive Lloyd Blankfein is the new corporate face of gay marriage. (The Independent)
DBS will not cut staff in Hong Kong and China. It’s also looking to hire hundreds of people on the mainland and open 10 new outlets annually. (Shanghai Daily)
Prudential AM, soon to be rebranded Eastspring Investments, has appointed a new sales director for North Asia. (AsianInvestor)
”It’s great sport for the press and politicians. A former banker is stripped of his knighthood and his successor loses a million-pound bonus. Few will shed tears for Fred Goodwin or Stephen Hester. But what’s been achieved beyond the spilling of bankers’ blood? Nothing really.” (Financial Times)
CEOs: Experience versus youth. (The Wall Street Journal)
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