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By Patrick Clark 7/30/12 7:46am

Morning Read

RBS Tied Up in Libor, Says CEO Hester; Matt Zames Up at JPMorgan After Whale Sell-Off: Roundup

Daily Libor: Royal Bank of Scotland chief executive officer Stephen Hester told The Guardian that ”RBS is one of the banks tied up in Libor. We’ll have our day in that particular spotlight as well.” At least two banks have joined Deutsche Bank in cooperating with European investigations into the rigging of Read More

By Patrick Clark 5/14/12 12:55pm

DIMON IN THE ROUGH

Pedestrians walk past the JP Morgan Chas

JPMorgan’s New CIO was LTCM Trader and Early Doubter of Madoff

Ina Drew is out, and the crisis-loving head of JPMorgan’s chief investment office tossed overboard after the lender disclosed massive trading losses last week has been replaced by Matt Zames, co-head of global fixed income and a newly-minted member of the firm’s operating committee. Who is Matt Zames?

For one thing, Read More

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    Hipster Newsstand Opens in Williamsburg Because Hipsters

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    So Much For Picnics: Union Square Park To Get Classy, Controversial Restaurant

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