Monday's Headlines: Citigroup Shells Out Big Bucks to Energy Banker

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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]

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