The News: After the Stress Tests, What?

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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]

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