Goldman Sachs held the ground-breaking ceremony for its new $2.4bn New York HQ building Tuesday. Firm boss Henry Paulson said that 'we affirm our commitment to lower Manhattan and the City of New York, the financial capital of the world'. Goldman has had a presence in the City since 1869.
Man Group plc has announced an addition to the management team at AHL, its industry-leading quantitative managed futures manager.
Man Group plc ('Man') has agreed to acquire the entire issued share capital of FRM Holdings Limited (Financial Risk Management 'FRM'), a global hedge fund research and investment specialist with funds under management of approximately $8.0 billion.
It's not only bonus payouts financial markets professionals are thinking about at the moment - it's also their job security.