The News: After the Stress Tests, What?
Will heads roll after the stress test? [The Deal]
Exodus of Top Bankers Bad News for the Taxpayer [BNet]
When Credit Ratings Do a Vanishing Act [Dealbook]
LaidOffCamp Comes to New York [NY Convergence]
Giving Up the Hedge-Fund Rat Race-At Age 28 [Deal Journal]
RBS cuts 9,000 jobs - days after boss denies staff are at risk [The Guardian]
People
Bank of America hires UBS exec to lead asset management unit [InvestmentNews]
Wells Fargo Names Wealth Management Leaders for East Coast Region [Wells Fargo]
Former Datamonitor Senior Executive Strengthens Complinet's Leadership Team [Complinet]
Piper Jaffray Adds Michael Coyne to Focus on Transportation and Logistics [Piper Jaffray]
Muriel Siebert & Co. Expands Names Abbe Rice as Senior Managing Director, Institutional Equity [Muriel Siebert via BW]