Wednesday's Headlines: Bank Pay Tops Shareholder Payout

Dodd-Frank and other regulations are increasing scrutiny on bank analysts as well as demand for top talent. [Financial News]

Meanwhile, the EU proposed mandatory jail terms for insider trading and other market abuses as part of measures aimed at bolstering market confidence. [NY Times]

Investment bank pay is up nearly threefold compared with payout to shareholders over the past five years. [WSJ]

Middle Eastern investment firms are paying bonuses of as much as 25 percent in legal, credit risk and operations. [Emirates 24/7]

Asset management merger advisory firm Berkshire Capital is launching an office in Sydney, Australia, to expand in wealth management. [Reuters]

Bonuses at Canada's six-biggest banks were flat due to lower revenues in trading, equity sales and mergers. [Bloomberg]