Lloyds Lacking Risk Controls? Weisel's Armstrong Ties Questioned, and More News of the Week
Lloyds Bank, following a few systems failures in 2012, is facing accusations from a former executive that risk controls are lacking, while Thomas Weisel is under scrutiny for ties to Lance Armstrong, HSBC can't get away from its money laundering settlement and "genius" trader risk top this weeks chatter in the press and on Twitter.
January 18, 2013
4. Dimon's Bonus Blues
Sure Dimon's bonus will splash every paper. Friend joked, 'because the first thing I want to know every morning is: is Jamie's bonus okay?'
— Heidi N. Moore, the Guardian
Source: Heidi N. Moore, @moorehn