The number of people working in investment banking and securities in New York City fell 17 percent in November.
Wall Street bonuses are set to rise to $143 billion at top banks, according to a new report. [The Hill]
Caisse de Depot et Placement du Quebec, the second largest pension-fund manager in Canada, is increasing staff at its private-equity unit by 25 percent next year. Alas, that's just 10 people. [Bloomberg]
Commerzbank soared to the top of German equity underwriting this year following its acquisition of Dresdner Bank. [Bloomberg]