The chief executive of Goldman Sachs yesterday called the mounting public fury over bankers' pay "understandable and appropriate", reports the Independent.
Millions of investors in with-profits endowments, pensions and bonds who thought the market's rebound might enhance their returns had their hopes dashed last week, according to The Times.
RBS is fighting the Treasury in court over six-figure bonuses of a group of metal traders paid into an offshore trust, according to sources.
Lloyds could be forced to write off a further swath of loans made by HBOS to hundreds of companies, after figures showed many of the loans are worth only a fraction of their original value, The Guardian reports.
Barclays' share of the new mortgage market has jumped to 36% from 8% last year, according to its results for 2008.
The FSA may penalize banks who pay bonuses that encourage excessive risk-taking, new chairman Lord Adair Turner has told the BBC.
The £4bn LV= With-profits fund returned 5.7% in 2007 during a period of market turbulence, down from 11.2% in 2006.
UK financial services sector salaries climbed an average 4.2% in 2007, according to Watson Wyatt figures.
Bonus payouts in the city will be cut by 16% this year as institutions struggle to cope with the credit crisis, new research suggests.
I had to listen to the figure again, again and again. I had to read the numbers again, again and again. It couldn't really be true could it - city bonuses hitting £19bn with some young whizz kid traders netting millions in bonuses? But, yes, it appears...