Tuesday's Headlines: Exodus of Bankers Has BofA Looking to Hire in Europe

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Bank of America wants to hire 30 managing directors in Europe in order to replace defectors. [Bloomberg Businessweek]

JPMorgan bankers saw their total compensation slip 2 percent last year.

[Fortune]

Despite headwinds, Chicago's recovery appears headed in the right direction.

[Financial News]

The hiring of senior private equity professionals by U.S. law firms is occurring in pairs. [The Lawyer]

Chinese investment bank CCB International is will open a New York office to focus on equities and debt offerings to U.S. investors. [WSJ]

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