The $30 million package given to ex-UBS energy banker Stephen Tauber by Citigroup is a sign the bank is distancing from government aid. [Dealbook via WSJ]
Commerzbank plan to cut 1,650 more investment banking jobs as part of consolidation following its acquisition of Dresdner Bank. [Bloomberg]
B-school graduates in India will soon be subject to testing as part of the job application process at many large firms. [Businessweek]
British private equity firm 3i Group is acquiring Mizuho Investment Management, increasing its European loans business. [Reuters]
RBC plans to hire financial advisers in Hong Kong and Singapore as it expands in wealth management.[WSJ]
