Despite the political flak flying and plenty of tough talking from the government - not least Vince Cable - bankers will get their bonuses. And with an estimated £7bn to share around, it looks to be a bumper year for some in the City.
We hear from the Guardian's banking expert Jill Treanor on how the most hated industry in Britain is still one of the most powerful.
And as anger levels rise against the banks, things got hot-tempered in the Treasury select committee room this week as Barclays boss Bob Diamond came under pressure to show gratitude to the British taxpayer for saving the banking system.
Also this week, the US government report on the Deepwater Horizon oil spill in the Gulf of Mexico was published. It concluded that "better management by BP, Halliburton and Transocean would almost certainly have prevented the blowout."
So has the industry learnt from the disaster which killed 11 men and caused untold damage to the environment? And what is the future of offshore drilling?
We hear from the Observer's business editor Andrew Clark, the Guardian's energy editor Terry Macalister and Bloomberg's Stanley Reed whose new book on the disaster, In Too Deep, has just been published.
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