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Lab49 - Featured Employer of the Month

Lab49 UK Limited is a rapidly growing technology consulting firm that builds advanced solutions for the financial services industry. Clients include many of the world’s largest investment banks, hedge funds and exchanges.


The Lucy Gao E-Mail

Here the most famous e-mail ever sent out by a City intern. Lucy Gao is the 21-year-old Citigroup intern who had a placement in the company's Real Estate Equity Group in London, and whose birthday invite to her friends 13 months ago found it's way onto the internet and did the rounds at investment banks all around the world.

Station Announcer Gives Men A Cruising Bruising

Remember back to late last year, when CityNews reported on a bit of a mucky story about a certain gents toilet in Cabot Square, Canary Wharf ? A group of up to 20 men had apparently got into the habit of frequenting the loo, close to two investment banks, during their lunch-hours. The toilet was eventually temporarily closed down. Now, however, there's a follow up story.

JPMorgan Trader Sues For $2m Over Bonus & Stock

The Financial Times reports that Daniel Ridgway, an former options trader over at JP Morgan in London, is suing for $2m. He wants $500,000 for non-payment of a bonus for 2003, and seeks $1.56m in respect of stock options and restricted stock he says he lost when he was forced to leave the firm in 2004.

Staff Said To Have Worked In Fear

Here's the testimony of Mark Froeba, who, before leaving in 2007, was jointly responsible for evaluating all Moody's new CLO rating guidelines, before the US Financial Crisis Inquiry Commission Wednesday.

PIMCO Hires Seasoned Investment Professionals

NEWPORT BEACH, CA - (Marketwire - March 3, 2011) - PIMCO, a leading global investment management firm, is continuing to build out its active equities platform with the hiring of seasoned investment professionals with deep expertise in emerging markets and global equities.