Morgan Stanley, JPMorgan, and Bank of America aren't holding holiday parties this year. For some banks, this is the third straight year they'll take a pass on year-end festivities. [TheStreet.com]
Spending at expensive restaurants in New York is up as traders and executives are feeling more secure. [NY Times]
Flush with extra funds, investment managers are spending it on technology executives who can cut costs. [InvestmentNews]
Crédit Agricole is seeking to capitalize on record bond issuance in Latin America and has hired a head of debt capital markets origination there. [Financial News]
