Monday's Headlines: Bank of America's Bankers will Get More of Their Bonuses in Cash

Bank of America's top bankers will receive a higher portion of their bonus in cash this year. [Reuters]

Merrill Lynch will recruit four times as many financial advisers in 2011 as it did last year. [Reuters]

Deutsche Bank has doubled the size of its Asian prime brokerage business and will increase headcount by up to 10%. [Fundamentals]

Portfolio managers are in demand again as deals are on the rise. [Financial News]

London Business School and Wharton earned the top spots in the Financial Times' Annual MBA rankings. [FT]