Lloyd Blankfein, chairman and CEO of Goldman Sachs understands "people are mad and bent out of shape" about bankers' actions but says he is just "doing God's work".
George Osborne met about 70 staff from the FSA yesterday to discuss Conservative plans for a new regulatory structure for the City.
ETF Securities has made four appointments across its product development, research and legal teams as part of its business expansion plans.
Investment Bank Goldman Sachs set aside $5.35bn in its third-quarter results to take its compensation pool for the first nine months of the year to $16.7bn.
Wall Street shares edged upwards in early trading ahead of a U.S. service-sector survey by the Institute of Supply Management (ISM).
The chief executive of Goldman Sachs yesterday called the mounting public fury over bankers' pay "understandable and appropriate", reports the Independent.
Victoria Hartley looks at the role market makers play in the creation of ETFs and how they adapt to rapidly changing markets
The City will be forced to publicly reveal the pay and bonuses of hundreds of traders and bank executives under a Treasury-backed plan to be released later today, reports The Guardian.
Unemployment has soared to almost 2.4 million after a record number of people joined the growing jobless ranks, reports the Daily Mail.
The Wall Street investment banking model today seems confined to the pages of history after the two remaining pillars of the prototype Goldman Sachs and Morgan Stanley received approval to become banks.