Citigroup Inc. said Javier Arrigunaga resigned as chief executive officer of Grupo Financiero Banamex, the most senior departure stemming from an alleged $400 million fraud disclosed in February. . .
CBI says companies have reported rising profits and strongest rise in business volumes since 2007 . . .
http://www.theguardian.com/business/2014/oct/06/uk-financial-services-growing-fastest-rate-crisis
Banker compensation may get more complicated and have fewer zeroes if the International Monetary Fund has a say. . .
http://hereisthecity.com/en-gb/2014/10/06/imf-time-has-come-for-big-changes-in-banker-pay/
Moldova plans to charge four or five bankers with money laundering, saying they helped shift as much as $20 billion in illicit cash from Russia to Latvia. . .
Jean-Claude Juncker has deprived Britain’s Lord Hill of lead responsibility for overseeing financial sector pay in a serious setback for London that will help disarm critics in the European parliament. . .