US banks aren't exactly known for a glasnost-style approach to employees who talk openly to the press. But when it comes to blogging they err even more on the side of despotism than usual. Back in ...
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Touted as possible sanctuaries from the problems crippling the Western financial system, do the Middle East or Asia really offer ample job opportunities or even any shelter from redundancies? ...
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When a government has to step in to nationalise one ailing bank, it’s big news. When a government steps in to nationalise two ailing banks, it’s even bigger news. But when a government tries to splash ...
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Dick Fuld may be widely seen as an ogre guilty of hubris and ineptitude, but some people are coming out on his side. The argument in favour of Fuld goes a little like this….There was no need f ...
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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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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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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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Ever wanted to work in finance and save the world? Here's how. Socially responsible investment (SRI) has entered the mainstream. In the new green investment environment, lip-service is no longer an option with Eurosif saying that €1 trillion – or 15% of all European AUM – is managed under SRI mandates. As more firms spearhead SRI initiatives, Julie McDowell, head of SRI at Edinburgh-based Standard Life Investments, gives her views on the... Read more
By eFinancialCareers UK 05 Oct 2007 - 0 comments
Our recent poll suggests Edinburgh's finance folk are perfectly happy where they are. Asked if they would be willing to relocate, 84.6% of those working in the Scottish capital said they didn't want to move. For the small minority who did fancy heading elsewhere, Dublin and London were equally appealing – each polling 8% of the vote. Unsurprisingly, given Auld Reekie's many attractions, work/life balance is the main factor keeping them... Read more
By eFinancialCareers UK 10 May 2007 - 0 comments