Wednesday's Headlines: No Holiday Parties at Morgan Stanley, JPM and BofA
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]
