The News: Extra Pressure Overseas

For a time, international assignments were all the rage. But if you're an American working overseas, or someone from overseas working here, the threat of losing your job carries an extra burden: the knowledge you may have to leave the place where you've made your reputation, developed your network, and done your best work, all to start over in a place that might be unfamiliar, even if it's home.

Abruptly, Expatriate Bankers Are Cut Loose [NY Times]

And

UBS Executives May Face Prosecution in Tax Evasion Inquiry [Dealbook]

Merrill Sues Deutsche Bank for Heaton Hiring 'Raid' [Bloomberg]

The end is nigh - and that's good [MarketWatch]

Fidelity moves Canada team to (yes) Canada [InvestmentNews]

People

Moelis & Company Announces Christopher Ryan has Joined as a Managing Director [Moelis]

Russell Levens Joins Velocity Futures, Opens Chicago Office [Velocity via BW]

Christoph M. Kotowski Joins Oppenheimer Equity Research: New Managing Director Will Cover Large-Cap Banking & Brokers Sector [Oppenheimer via PRN]