Wall Street gadfly James Grant, who has published Grant's Interest Rate Observer since 1983, wrote in a recent Wall Street Journal essay that: "The big brokerage firms are not in business so much ...
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It may have achieved better than expected second quarter results (CNN), but they haven’t done much to dispel the crowd of caterwaulers baying for Citigroup to be broken into its constituent ...
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As the global jobs bloodbath continues to claim more victims, how far would you go to get back into a bank? You could try taking tips from Joshua Persky, a recently redundant Wall Street banke ...
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An eFC user asks: To break into New York's top financial institutions, would a candidate do better to pursue the CFA designation, a CPA certification, or an MBA degree? What do you think is the op ...
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Paranoia is rife in the wake of mass redundancies at investment banks and now it seems a lot of bankers think a trip to the Canary Islands could see their jobs flutter away. Top executives in ...
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Too much experience can be a career-killer, especially in today's hyper-competitive job market. So is it legitimate to delete your first job or three, in hopes of erasing some telltale age-lines from ...
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You snooze, you win – so says David Einhorn, the maverick head of US hedge fund Greenlight Capital. Einhorn is emerging as the world’s most notorious hedgie, after his recent lambasting of Leh ...
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They’ve lost tens of billions of pounds pouring money into the likes of UBS, Citigroup and Merrill Lynch, and they’re still back for more. Barclays is said to be close to raising £4bn from un ...
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Would you take a job in Eliot Spitzer's new real estate investment fund? A New York newspaper reported recently that the deposed governor and former New York State Attorney General sounded out alli ...
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Fuld has ditched his CFO and COO, but should he himself follow in the footsteps of Stan O’Neal, Chuck Prince, Marcel Ospel, Mark Litzler and Wachovia’s Ken Thompson? At the very least, Di ...
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The Financial Times says Alastair Darling and Mervyn King are at odds over who should be the next deputy governor of the Bank of England. Darling’s said to want someone with a Cit ...
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Many a pundit has ascribed the economy's erstwhile run-up to enthusiastic consumer spending - and the recent downturn to the U.S. consumer's over-reliance on debt, particularly creative sub-prime mort ...
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Is the world’s love affair with Macquarie Group about to come to a bitter and twisted end? The pin-up boy of Aussie finance, which is currently on a hiring spree in the US and Europe, seems t ...
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If Meredith Whitney’s right, Citi’s going to the dogs no matter how hard Vikram Pandit tries to bed it down amongst the roses. Whitney says Pandit faces an “impossible feat” in turning Ci ...
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Forget ‘Shanghai, Dubai, or goodbye’. Is a move to an emerging market really a one-way bet for your career? Banks are busy transferring as many staff as possible away from the stagnant centres ...
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Should the federal government disburse emergency aid to homeowners, home builders or lenders – or none of the above - in order to revive the economy, the financial markets and job opportunities for b ...
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Depending which manifestation you look at, the credit crunch has raged anywhere from three to 18 months. Is the tide about to turn? Housing has been correcting for more than a year. Financial marke ...
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On Wall Street, no subject is more emotionally charged than compensation. Is the bonus system ailing? Even if it is - could a cure be fashioned that wouldn't be worse than the disease? A group of h ...
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Fortune Magazine suggests further asset write-downs will make bank stocks attractive - an implicit forecast the credit crisis will soon pass and business will return to "normal." That flies in the ...
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Should a person ever be allowed to advance from the middle office to a trading role within the same bank? On the day the rogue trader scandal at Societe Generale broke, we asked, "Is a bank playing ...
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